$EUL — Bottoming Structure / Absorption Play ⚡
After months of downside bleed, $EUL is stabilizing at the lows with a noticeable volume expansion, signaling potential accumulation. The recent dip failed to get continuation, and bids stepped in quickly — suggesting absorption rather than distribution.
Downside momentum stalled, and buyers are actively defending structure. As long as this base holds, upside continuation remains the cleaner path.
Long Setup
Entry Zone: 1.00 – 1.06
Stop Loss: 0.88
Targets:
• TP1: 1.30
• TP2: 1.75
• TP3: 2.25
Holding above 1.00 keeps the bottoming thesis intact. A sustained push above 1.30 could trigger a stronger recovery leg toward TP2–TP3.
#EUL #Bullish #Accumulation #CryptoTrading #Reversal
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