$EVAA # Analysis of the EVAA/USDT Pair
## Recent Trend and Price Movement
The price of EVAA/USDT has shown a clear recovery in recent hours. After moving in a narrow range around 3.25–3.35, the asset broke upward, surpassing 3.40 and reaching a recent high of **3.5275**. In the last candle (01:00 UTC), the price closed at **3.5212**, showing sustained buying strength with low selling volume.
This movement occurs despite Bybit announcing the launch of EVAA futures, which usually generates pre-volatility, but it does not seem to have caused a significant anticipated rise. The fact that the price is responding *after* the announcement suggests silent accumulation before the event.
## Key Events and Market Sentiment
- **Bybit launches EVAA futures**: This listing improves liquidity and exposure of the asset, which may attract more institutional traders and increase positive volatility.
- **Positive funding rate (0.0359%)**: Indicates that longs are paying shorts, reflecting confidence in the continuation of the bullish trend.
- **Favorable macro context**: The recent Federal Reserve financial innovation conference generated expectations about the integration of stablecoins and tokenized assets into the traditional system, benefiting projects like EVAA focused on payments and tokenization.
## Technical Objective and Outlook
Given the current momentum and the breakout of key resistances:
- **Immediate target**: **3.60 – 3.65**, psychological level and area of previous highs.
- **Extended target**: If volume supports it, **3.80 – 4.00** is achievable in the coming days, especially if there are additional news about adoption or new listings.
The current structure suggests that the pair is coming out of a consolidation phase, and with clear catalysts at play, the predominant direction points upward.

