【$EUL Signal】Go long: negative funding rate + 1H MACD momentum decay, storing for a second upswing

$EUL RSI 92.49, the 4H Bollinger upper band at 1.5696 has been broken through; the current price 1.6986 is completely out of its band and running off-course. The 1H MACD histogram has shrunk from 0.0777 to 0.0436; momentum is decaying, but the price is going sideways without falling, making short-term long/short battles intense. Funding rate is -0.0409%; shorts are continuously paying, with OI stable—this is a typical squeeze-favoring environment.

🎯Direction: Go long

⚡Entry/limit orders: 1.6935 - 1.6986

🛑Stop-loss: 1.6137

🚀Target 1: 1.8260

🚀Target 2: 1.8897

🛡️Trade management:
- Execution plan: After reaching Target 1, cut 50%, and move the stop-loss up to breakeven. If price falls back to the entry zone, automatically exit to protect principal.

The 1H-level buy orders near 1.62 show clear support (Bid/Ask depth 0.32, but sell orders are stacked above 1.74, suggesting the main intent may be to first sweep the shorts and then distribute). This risk-reward (R:R 1.5) is within the executable range for hot coins, but the key is that the stop-loss must be followed strictly.
Check live market 👇 $EUL
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