🚀 $EUL Strong Dead-Cat Bounce Turns into Trend Reversal Breakout 📈
EUL is showing a clean bullish reversal after forming a base near $0.775. Price has now broken above key EMAs with strong momentum and volume, signaling a shift in market structure from bearish to bullish. Buyers are stepping back in after a long downtrend.
📊 Market Structure
Trend shift: Downtrend → Reversal → Higher High
Strong bounce from demand zone confirms accumulation
Structure now favors bullish continuation if support holds
🔑 Key Levels
Support: $1.05 – $1.00
Major Support: $0.90 – $0.78
Resistance: $1.13 – $1.18
Breakout Zone: Above $1.18 → $1.30 – $1.45 possible
📈 Volume & Momentum
Rising volume on green candles shows real buying interest
EMA crossover + positive MACD = strong bullish momentum
RSI overbought → healthy pullback possible before next push
📌 Outlook As long as price holds above $1.00, trend stays bullish. Best strategy: buy dips near support, target resistance breakout.