$EVAA Bears have regained control, and a close below $11.20 could confirm further downside. Until bulls reclaim $12.00, the short-term trend remains bearish... After testing resistance near $12.50, $EVAA failed to hold its gains and is now showing clear bearish momentum. Sellers are stepping in aggressively, pushing price back toward the $11.20–$11.00 support zone. The rejection wicks and lower highs indicate weakening buyer strength, opening room for a deeper pullback before any rebound attempt.

Trade Setup:

Entry Range: $11.55 – $11.70

Target 1: $11.10

Target 2: $10.70

Target 3: $10.25

Stop Loss (SL): $12.05