🎯 $EUL — Bullish consolidation following a strong rebound
Trade Bias: LONG
Entry Zone: 1.155 – 1.190
Stop-Loss: 1.115
Targets:
🎯 TP1: 1.225
🎯 TP2: 1.256
🎯 TP3: 1.296
After rebounding sharply from the 0.773 low, $EUL has formed a well-defined recovery structure. On the H4 timeframe, price action is tightening above key EMA levels, printing consistent higher lows—an indication of healthy continuation.
Momentum remains favorable, with RSI sustained in bullish territory and buy-side volume gradually increasing on upward moves. This type of price compression above dynamic support typically signals preparation for another upside expansion, provided demand holds.
As long as 1.115 continues to act as support, the technical outlook remains biased toward further upside and progression toward the stated targets.
Trade $EUL below ⬇️
Price: 1.168 (+8.65%)
Market: #EULUSDT Perpetual#USNFPBlowout