EVMOS shortEVMOS bounced off the resistance level. Asset bounced down off the bearish trendline. Decline to support level at 0.135 is expected to happen.
Thesis for $1.80 correctionbronbro monitor is where I'm getting onchain metrics for evmos like bonded rate, ratio, apr and other such useful metrics.
Bonded ratio has flattened on the 30 day chart. 2 million EVMOS just hanging around loose in wallets. There are several reasons to stay liquid, several dapps are launching and
EVMOSEvmos trade near strong support which broken several times in the past
Price may perform a small bounce from this level according to daily Stochastic
But relying on 7/100 EMAs cross on daily timeframe , 1d and 3d MACD , and 3d stoch i expect further downward movement to 1.4 USDT which is 0.236 Fib
EVOMSUSDT AnalysisIt seems EVOMSUSDT is in a good condition to get a long position as bellows: en: 1.5022
sl: 1.4008
tp1: 1.6242 —-> RR: 1:1
tp2: 1.8096—--> RR: 1:3 (important resistance)
tp3: 2.1602--—> RR: 1:6
Rewards are Juicy, OSMOnauts sell pressureHella dirty chart analysis, my apologies, you should see my desk.
The first level of major support is about $2.47 per Fixed range vol. profile
second major support is $1.87
Please keep in mind that the airdrop was large and the rewards are large and the hype is large, that said true value and sup
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