$EVAA is showing strong bullish momentum after reclaiming key moving averages.


Price has broken out of consolidation and is attempting to establish a higher high.
As long as buyers defend the 0.87-0.88 support zone, the trend favors continuation.
A rejection near 0.91-0.93 remains the main resistance to clear for the next leg up.

Entry Zone: 0.8850 - 0.8950

TP1: 0.9150
TP2: 0.9350
TP3: 0.9600
Stop-Loss: 0.8650

Holding above support keeps the breakout structure intact. A clean close above resistance could accelerate bullish momentum.

#SummerCreationCamp #EventContractsLaunch
EVAA4.56%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • 2
  • Share
Comment
Add a comment
Add a comment
ChipCollector
· 10h ago
The short-term trend is indeed strengthening, but if the resistance at 0.91 can’t be broken, you still need to be cautious.
View OriginalReply0
ChainNomad
· 10h ago
The support range is crucial. If the pullback doesn’t break it, you can consider adding cautiously in small size, but you must set a stop-loss properly.
View OriginalReply0
Pragmatists
· 10h ago
This analysis logic is clear, but if BTC retraces, it could drag down smaller coins—be mindful of the correlation risk. I think the stop loss at 0.8650 is a bit too close; a brief, false breakout could easily knock it out. I suggest widening it to below 0.85.
View OriginalReply0
  • Pinned