【$EVAA Signal】Pullback + sell pressure dominate, 1H short positioning

$EVAA Four consecutive bearish candles on the 1H, falling from 1.2228 to 1.0296, a drop of 15.8%. Bid depth at 0.5, with sell-side depth overwhelmingly dominant; the funding rate is 0.0493%, in a relatively high range. Although the 4H MACD shows bullish expansion, volume momentum is weakening, and the last 4H candlestick closed lower.
🎯Direction: short
⚡Entry/Orders: 1.026611 - 1.029700
🛑Stop loss: 1.039997
🚀Target 1: 1.014255
🚀Target 2: 1.006532
🛡️ Trade management: - Execution strategy: after reaching Target 1, reduce position by 50% and move the stop loss up to breakeven. If price falls back to the entry level, automatically exit to protect principal.
Current order book support is weak; RSI on 1H has dropped to 52.6, lacking rebound momentum. The combination of a high funding rate and depth imbalance makes the bearish-led setup clear. Conservatively estimated risk-reward ratio is 1.5, and there is still downside room for the short-term move.
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