$EVAA Plunges Through Support

Last Price: $0.65066

24-Hour Change:-6.02%

EVAA is in a state of breakdown, collapsing 6.02% to $0.65066. The sell-off has breached a critical support cluster, signaling a potential acceleration of the downtrend.

On-chain metrics paint a concerning picture. A $4.31M market cap is dwarfed by a $32.53M Fully Diluted Valuation, indicating heavy future sell pressure. With only $256,190 in on-chain liquidity spread across 22,453 holders, the asset lacks the depth to absorb this selling wave.

The technical structure is failing. Price has decisively broken down from the $0.788 consolidation zone, slicing through the $0.722 and $0.657 supports. It now trades below the pivotal Supertrend line at $0.72734, confirming a bearish regime. The next major support is a distant $0.592.

Momentum is overwhelmingly negative. The inability to hold $0.657 opens the door for a rapid descent toward $0.606. Any attempt at a rebound will face formidable resistance at the former support, now turned resistance, near $0.722. The breakdown is confirmed; lower prices are likely.

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