📉 $EUL — Momentum Shifting Bearish

Upside momentum is fading and sellers are stepping back in near resistance. Recent pushes higher are failing to hold, increasing the probability of a downside rotation.

🔴 Trade Plan — SHORT $EUL

Entry: 1.32 – 1.35

Stop Loss: 1.43

Targets:

🎯 TP1: 1.20

🎯 TP2: 1.10

🎯 TP3: 1.00

📊 Why This Setup:

Rebound showing clear exhaustion signs near resistance.

Higher pushes are being absorbed by supply.

Downside reactions are sharper → suggests distribution phase.

As long as 1.44 remains overhead, bearish continuation toward lower liquidity zones is favored.

⚠️ Invalidation above 1.43–1.44 shifts structure and cancels the short bias.

Trade $EUL with discipline and protect your capital. 📉

EULUSDT

Perp

1.058

-8.31%