$EUL /USDT SLIDES -4% — BEARISH PRESSURE PERSISTS
$EUL is trading at 7.529 after a 4% drop in the last 24h and a 15% decline over the past 7 days. Immediate support lies at 7.272, with further downside potential to 7.198 if selling continues. Resistance is positioned at 7.847–8.172, where short-term buyers may face hurdles. MACD shows bearish momentum, while RSI is near neutral, suggesting a potential for short-term consolidation before any recovery.
Targets:
Support 1: 7.272
Support 2: 7.198
Resistance: 7.847