$EUL Signal】Go long + 1H negative funding rate squeezes shorts


$EUL Funding rate -0.0206%. Shorts have been paying costs consecutively but OI hasn’t fallen. After the 1H MACD dead cross, the price hasn’t made new lows; Bid/Ask depth of 0.66 suggests a dense amount of buy-limit orders below. The 4H Bollinger upper band at 1.5611 forms short-term resistance, but the EMA20/50 bullish alignment hasn’t been broken.

🎯 Direction: Go long

⚡ Entry/Limit orders: 1.495400 - 1.499900

🛑 Stop-loss: 1.424905

🚀 Target 1: 1.612392

🚀 Target 2: 1.668639

🛡️ Trade management:
- Execution plan: When Target 1 is reached, cut position by 50% and move the stop-loss up to breakeven. If price drops back to the entry zone, automatically exit to protect principal.

If the strength of the 1H rebound is weaker than expected, after the stop-loss wait for the 1.3887 support level to reassess. Current risk-reward ratio is 1.5, worth a try.

View live quotes 👇 $EUL
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EUL58.50%
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