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$EVAA EVAA short-term analysis:
EVAA saw a wave of rapid sell-off at the front. It was dumped from around 1.9 down to 0.31, then started to rebound and repair. Currently, the price has returned to around 1.3 and is consolidating.
From the order book, the short-term rebound trend is still in place. MACD has already turned red, and there are signs of funds flowing back, but there is fairly clear resistance around 1.45-1.55. Without a breakout on increased volume, it’s easy to pull back.
Support to watch is around 1.2. As long as it doesn’t break down, there is still a chance to keep pushing toward 1.5 and even higher.
In short: This is a repair move after a big drop—short-term is bullish, but don’t chase. Wait for a pullback to enter more safely.