Hey everyone 👋

Price $EUL formed a higher low after a strong defense at the last demand zone, indicating that buyers have started regaining control. Momentum is increasing with price holding above the key support, enhancing the likelihood of continued upward movement toward the upper supply zone.

🔍 Overview of trend and indicators:

Short-term price structure is turning bullish

Healthy correction followed by clear stabilization

Expanding volume during upward moves indicates accumulation

Upper resistance weakens after repeated tests

📈 Trading Plan (Buy – Long):

Entry: After confirmed breakout and retest above the nearest resistance area

Targets:

🎯 TP1: First resistance area

🎯 TP2: Previous swing high

🎯 TP3: Upper range liquidity zone

Stop-loss: Below the last higher low / breakdown of the bullish structure

🧭 Bias:

Bullish as long as price holds the key support and maintains higher lows structure.

🛡️ Risk Management:

Risk only a small portion of capital on each trade, wait for confirmation before entering, and move the stop-loss gradually to protect profits as targets are achieved.

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