$EUL
/USDT BULLISH BREAKOUT ANALYSIS
$EUL/USDT is showing strong bullish momentum after a clear breakout from the consolidation zone between 7.844 – 8.400. The price is currently holding above key support levels, indicating buyers are in control.
Technical Overview:
Support Levels: 8.400, 8.200
Resistance Levels: 8.800, 9.000, 9.200
Trend: Bullish, supported by higher highs and higher lows on 1H and 4H charts
Indicators: RSI approaching 70 but not yet overbought, MACD bullish crossover confirmed
Trade Setup:
Entry: Around 8.500 – 8.600
Take Profit (TP): 8.800, 9.000, 9.200
Stop Loss (SL): 8.200
Risk Management: Keep risk per trade below 2% of your capital. Watch for any sudden rejection at 9.000 – 9.200, which may signal temporary pullback before continuation.
Technical Hashtags:
#CryptoAnalysis #BullishBreakout #EULUSDT #TechnicalTrading #CryptoSignals