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【$EUL Signal】1H pullback to accumulate long positions
$EUL Order book buy depth ratio is only 0.22, sell orders overwhelmingly suppress, but after the price pulls back near 1.05, buying interest tentatively raises the price. The 1H MACD histogram shrinks but the fast line remains above zero. The 4H Bollinger Bands middle band at 0.9474 provides distant support. In the short-term, the bulls and bears are still in a tug-of-war, not tilted toward the bears.
🎯Direction: Long
⚡Entry/Order: 1.048346 – 1.051500
🛑Stop loss: 0.998925
🚀Target 1: 1.130363
🚀Target 2: 1.169794
🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, exit automatically to protect capital.
The 4H funding rate remains neutral, open interest shows no abnormal decline. The current pullback is more about profit-taking than trend ending. Risk-reward ratio is 1.5, making it worthwhile to attempt a continuation beyond the previous high.
Check real-time market 👇 $EUL
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