👀 Whales are watching this: $EVAA surged 12.71% in 15 minutes
To judge the quality of the buying pressure, I’d first watch for two things:
· Whether large orders keep coming in during the rally
· Whether large orders start selling off once the price reaches a high
For reference: 24h trading volume was $203 million, up 103.69%. If the first is true and the second isn’t, then this rally is genuinely backed by capital.
This view could be wrong at any time. Please manage your own risk.
To judge the quality of the buying pressure, I’d first watch for two things:
· Whether large orders keep coming in during the rally
· Whether large orders start selling off once the price reaches a high
For reference: 24h trading volume was $203 million, up 103.69%. If the first is true and the second isn’t, then this rally is genuinely backed by capital.
This view could be wrong at any time. Please manage your own risk.
