$EVAA 24h volume traded 300 million, my short position was pulled by 104%, floating loss of 120,000 dollars.

Currently at 0.8728, peaked at 0.9868 before falling back, this massive bearish candlestick is a signal that the bulls' supplies are exhausted. My trading plan: short at the current price 0.8728, stop loss set at 0.92 (confirming strength with a break above previous high), take profit at the first target 0.68, second at 0.55. Position only 15% of total funds because volatility is off the charts, afraid to hold heavy positions.
Predicting two scenarios: 1. Rebound near 0.75 with sideways movement, then add to short on the rebound; 2. Drop below 0.7 directly, accelerating down to 0.55. If stop loss is hit, I will admit mistake and watch.
Focus on the liquidity drought period at 4 a.m., this kind of scam coin is prone to sudden dump.
Update results in the comment section, don’t follow blindly, I’m even trembling myself.