The coin $EVAA has shown an impressive growth of 87% over the last 24 hours, reaching $8.79. This momentum indicates strong buying interest, but also raises the question — is the market overheating?
📊 Technical picture:
After breaking through local resistance around $6.0, the asset has settled above key levels. A consolidation zone is forming on the chart, which could serve as a base for further movement. If volumes are maintained and market sentiment remains positive, EVAA has the potential to move towards $10.2–$11.0 (TP1–TP2).
🐂 Bullish scenario:
Entry $EVAA from $8.4–$8.6, TP — $10.2 / $11.0, SL — $8.2 (≈2–3%). In case of sustained growth, it is recommended to move the SL to break-even.
🐻 Bearish scenario:
If the price does not hold the support at $8.0, a pullback to $7.2–$6.8 is possible. For shorts — entry below $7.9, TP — $7.2 / $6.8, SL — $8.1.
💡 Recommendation:
Due to high volatility, use a small percentage of the deposit and closely monitor the volumes — they will become a key signal for trend continuation.
✍️ What do you think about the prospects $EVAA ? Share your opinions in the comments and subscribe to not miss relevant analytics and trading ideas!
