$EVAA Analysis of the EVAA/USDT pair

**Recent bearish pressure with possible exhaustion of selling.**

The price of EVAA has shown strong bearish pressure in recent hours, with significant drops: -18.96% in four hours according to community data. The chart data confirms this dynamic, showing a decline from highs near $4.15 to levels of $3.34. The price action in the last candles indicates a slowdown in the decline, with sideways movements between $3.34 and $3.44, which could signal a possible temporary exhaustion of sellers.

**Key events impacting sentiment:**

The news about the launch of perpetual contracts for EVAA on Bybit suggests greater liquidity and access in other markets, which could attract institutional interest or professional traders. However, this development may have also anticipated profit-taking in the spot market. Although there are currently no direct positive news driving the asset, the stable close around $3.40 after the drop indicates some stabilization. Monitor the volume to detect signs of accumulation or new pressure.