$EVAA Look for short opportunities. The market is currently bullish, which could actually be a good contrarian spot.



From the chart, the 4-hour short structure is still intact, and the daily timeframe is also bearish. Price has been capped in the range of 0.89260 to 0.89800. The 15-minute RSI is around 48, not oversold, and there is still room for further downside. Also, the 15-minute volume has increased by 1.44x—this sell-pressure looks quite real, not a fake move.

You can watch how price behaves around 0.89260–0.89800. It may probe 0.87580 and even 0.84330 below. However, don’t chase too aggressively; a defensive level can be placed above 0.92130. Watch the risks.
EVAA-0.30%
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