$EUL Signal: Short-squeeze continuation in the overbought zone, with negative funding rates adding fuel

$EUL RSI surged to 92.71. On the 4H chart, the upper Bollinger Band has been thrown off from 1.4569 to the current 1.7153, and the price is completely detached from its track. The 1H MACD momentum histogram at 0.0589 is still positive, but the depth imbalance is -35.15%, with sell-side thickness clearly higher than buy-side. A negative funding rate of -0.0522%, together with stable OI, means short positions remain open; the price is holding firm—an obvious continuation wave of a short squeeze.

🎯 Direction: long

⚡ Entry / limit orders: 1.710154 - 1.715300

🛑 Stop loss: 1.629535

🚀 Target 1: 1.843948

🚀 Target 2: 1.908271

🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50% and move the stop loss up to breakeven. If the price drops back to the entry level, exit automatically to protect principal.

The 1H RSI at 85.5 is dull at a high level; for the move to push higher, buyers must continuously smash through the sell-wall. The risk-reward ratio is 1.5. If spot liquidity can’t keep up, profit-taking may be triggered around Target 1.
Check real-time market data 👇 $EUL
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