【$EUL Signal】Go long + negative funding rate squeeze play hidden

$EUL After a pullback to EMA20 (1.4147) on the 1H chart, it bounced up slightly. A negative funding rate of -0.047% suggests that the short positions’ cost basis is relatively high. The 4H Bollinger Bands widen; the price has fallen from 1.8 back to around the middle band 1.102 and is stabilizing there. A deep buy/sell orderbook ratio of 0.81 indicates that selling pressure hasn’t been fully digested yet, but under a negative funding rate environment, if shorts continue to stay, it can easily trigger a squeeze. The risk-reward ratio is 1.5, worth a shot.

🎯Direction: long

⚡Entry / limit order: 1.444852 - 1.449200

🛑Stop loss: 1.376740

🚀Target 1: 1.557890

🚀Target 2: 1.612235

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

RSI on the 1H is neutral around 56. MACD on the 1H and volume bars are extremely small, with no major divergence. Mainly, it depends on funding rate and confirmation of support. If you place orders at this point, the win rate depends on when the shorts close.

View live market 👇 $EUL
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