$EUL EUL is trading around $2.9–$3.1 range, well below its 50‑day and 200‑day moving averages, signaling bearish momentum. 

• RSI readings across platforms show oversold to neutral zones, which might allow short bounces but don’t confirm strong buys. 

• Pivot supports top out near $3.19, $3.14, and $3.08; resistance near $3.29–$3.40. 

👉 Many technical scanners give a sell/neutral signal short‑term due to downtrend persistence. 

📊 Key Levels to Watch (Short‑Term)

Support Levels (potential bounce zones):

• Primary: ~ $3.08

• Secondary: ~$2.80–$2.75 (Fibonacci/oversold zones) 

Resistance Levels (profit targets):

• Near resistance: $3.29–$3.40

• Higher breakout: ~$3.60+ if bullish sentiment returns 

📈 Short‑Term Trading Setup (example)

(Adjust % sizes based on your risk tolerance)

Entry Zone:

• Buy on dips near support — $2.80–$3.08.

Stop‑Loss (risk control):

• Below: ~$2.70 (breach of lower support) — limits loss if trend extends downward.

Profit Targets:

1. First profit: ~$3.29

2. Second profit: ~$3.40

3. Aggressive extension (if strong bounce): ~$3.60

This gives a rough risk‑reward profile like:

• Entry ~$2.90

• Stop loss ~2.70 (≈7% below)

• Target1 ~3.29 (≈ +13%)

• Target2 ~3.40 (≈ +17%)

EULEthereum
EUL
2.243
-2.09%

$BTC

BTC
BTC
95,506.01
-0.00%

#MarketRebound