💰 $EVAA
🔻 SHORT
✳️ ENTRY: 0.8700 - 0.9150 - 0.9400
🎯 TARGETS: 0.8500, 0.8200, 0.7950, 0.75800, 0.6700, 0.5000, 0.3400
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 0.9600
⚠️ Just tap the coin name or icon in the post, and you’ll go straight to the trading page to start trading!⚠️
#EVAA has delivered an explosive rally from the 0.37 region to nearly 1.00, but momentum is now showing clear signs of exhaustion. On the 15M, 1H, and 4H charts, MACD has rolled over with bearish histogram expansion, while RSI has sharply cooled from overbought conditions. This usually signals that buyers are taking profits and short-term momentum is weakening.
However, this is not a confirmed trend reversal yet. The price is still holding above the MA7 on the 1H timeframe and remains supported by the MA25 on the 15M chart. As long as these moving averages continue to hold, bulls still have a chance to defend the structure and attempt another push higher.
The key breakdown zone is 0.8000. A decisive loss of this level would confirm bearish continuation and increase the probability of a deeper correction toward lower targets. Until then, expect aggressive volatility and sharp relief bounces.
⚠️ Execution Plan: This is a counter-trend short against a strong larger bullish trend. I strongly recommend risking only a small portion of capital. If momentum returns and buyers reclaim control, the move can reverse quickly. Wait for weakness around the entry zone, manage risk carefully, and avoid overexposure.
🚨 Small risk only. Breakdown confirmation comes only after 0.8000 is lost. Until then, this remains a correction play rather than a confirmed bearish trend.
