🔥💰😍$EUL /USDT — quick breakdown (1H chart)
Price: $1.335
24h change: +37%
Local high: $1.349
Structure
Strong impulsive move after consolidation around the $1.00–1.05 zone. Clean breakout with expanding volume and no major pullbacks — that’s momentum-driven buying, not slow accumulation.
Moving Averages
MA(7) ≈ 1.19
MA(25) ≈ 1.07
MA(99) ≈ 0.90
Short MA above mid MA, and both well above long MA → bullish alignment. The gap between price and MA(25) is stretched, which usually signals overheating on lower timeframes.
Key zones
• Resistance: 1.35 (recent high)
• Psychological level: 1.40
• First support: 1.20–1.22 (previous breakout area)
• Deeper support: 1.05–1.10
Volume
Rising volume into the breakout confirms interest. If volume drops while price stalls under 1.35, probability of pullback increases.
Scenarios
1. Clean break above 1.35 with volume → continuation toward 1.40–1.45.
2. Rejection at 1.35 → pullback to 1.20 zone before next decision.
3. Sharp loss of 1.20 → momentum fades, back to range.
Right now this is a momentum play — strong but extended. The next candles around 1.35 will decide whether it’s expansion or exhaustion.
#EUL #Euler #TrendingTopic #MarketRebound #WhaleDeRiskETH
Trade here 😍🔥👇$EUL
