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$EVAA +23% AGAIN – HISTORY REPEATING OR DIFFERENT THIS TIME?!"
EVAA is pumping again – up 23% today after yesterday's 47% rally. Total gain in 48 hours? Over 70%. But here's what concerns me. RSI is at 89 on the 1-hour chart – extreme overbought. This is the second time in three days EVAA has hit these levels.
The candlestick pattern on the 4-hour chart shows a shooting star forming – a classic reversal signal. Volume is also starting to decline as price pushes higher.
If $0.95 fails to hold, I'd expect a sharp retrace toward $0.85 and $0.80. But if buyers defend $0.95, we might see another leg up.
This one is pure speculation territory now.
#PreIPOsSeason2OpenAISubscription #USDTDepositEarningsDoublePlay