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EVA current price is 0.8379 USDT. Recently, this guy has indeed been quite popular, with short-term fluctuations quite significant.
Looking at the performance of the last 10 15-minute K-lines, the average volatility is around 2%, with some even breaking 3%. The market is in a clear high-volatility state. From the volume-price relationship, there are many signs of active funds. Although the 9th K-line closed with a bearish candle, it recorded a maximum fluctuation of 3.08%, and the trading volume significantly increased, indicating that when the price surged to higher levels, it encountered quite a few sell orders. By the 10th K-line, volatility suddenly contracted, and the bullish and bearish forces are temporarily balanced.
The recent upward movement was mainly driven by the 6th, 7th, and 8th consecutive small bullish candles, accompanied by a moderate increase in trading volume, indicating steady buying interest.
**Key levels to watch:** Resistance is around 0.85 (the high point of the 9th K-line). Breaking through this level could open up more upside space. Support is in the 0.81 to 0.80 range, which has been tested multiple times before.
**Trading strategies are twofold:** Aggressive traders can try going long with a small position near the current price, with a stop-loss below 0.81, targeting 0.85. For more conservative traders, wait until the price and volume break through 0.85 before entering, or wait for the price to fall back to the support zone at 0.81 and stabilize before buying. Regardless of the approach, stop-loss must be set, and position size should be controlled.