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$EVAA Still Looks Strong 💪
Price continues to respect its bullish structure despite the recent rejection around 1.36-1.37, a level that previously acted as resistance. Price remains above all major moving averages, with MA25, MA99, and MA200 aligned bullishly.
😵 Bullish Scenario : If buyers maintain control above the 1.20-1.25 region, #EVAA can make another attempt toward: 1.40 - 1.50 (major resistance zone from previous rejection)
• Extended targets(1.8-2) possible if momentum and volume expand further.
📊 Trend Support Levels Current trend continuation remains healthy while price holds:
• MA7 on the hourly timeframe
• MA25 on the 1H chart
• MA99 on the 15M chart
A pullback into these areas would be considered a normal correction rather than a trend reversal.
⚠️ Invalidation Zone The first major warning sign would be losing 0.90 support. A breakdown below that level would weaken the current bullish structure and increase the probability of a deeper retracement.
For now, the chart still favors continuation. As long as higher lows continue forming and key moving averages hold, EVAA appears to be building for another push toward the 1.40-1.50 range. 🚀