EVAA Protocol (EVAA) is down 11% in the past 24 hours, trading at $10.49 after slipping from an intraday high of $12.47. The correction follows a week-long rally of more than 110%. Traders took profits after a parabolic climb and overbought technical readings.
The Relative Strength Index (RSI-14) had surged to 81 on October 27 — the highest since listing — signaling exhaustion before cooling to 60. With profit-taking underway, the question now is: does EVAA still have the potential to grow from here?