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Ever wondered why $EVAA just suddenly stopped its run at 0.895?
The chart shows a pretty clear rejection after that vertical move from the 0.60 area. Right now, it's basically just oscillating and trying to figure out if 0.78 is enough of a floor to keep it from sliding further.
Price action looks tired here. We had a decent volume spike on the pump, but it's dried up during this consolidation. If it can’t push back above 0.84 soon, we might be looking at a deeper correction to fill some of that fast move up.
I’m staying patient on this one and watching the range.
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