đ„đ°đ$EUL /USDT â quick breakdown (1H chart)
Price: $1.335
24h change: +37%
Local high: $1.349
Structure
Strong impulsive move after consolidation around the $1.00â1.05 zone. Clean breakout with expanding volume and no major pullbacks â thatâs momentum-driven buying, not slow accumulation.
Moving Averages
MA(7) â 1.19
MA(25) â 1.07
MA(99) â 0.90
Short MA above mid MA, and both well above long MA â bullish alignment. The gap between price and MA(25) is stretched, which usually signals overheating on lower timeframes.
Key zones
âą Resistance: 1.35 (recent high)
âą Psychological level: 1.40
âą First support: 1.20â1.22 (previous breakout area)
âą Deeper support: 1.05â1.10
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 â continuation toward 1.40â1.45.
2. Rejection at 1.35 â pullback to 1.20 zone before next decision.
3. Sharp loss of 1.20 â momentum fades, back to range.
Right now this is a momentum play â strong but extended. The next candles around 1.35 will decide whether itâs expansion or exhaustion.
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