$EUL Signal | 4H longs accelerate + negative funding rate squeeze shorts

$EUL The 4H Bollinger upper band at 1.696 was broken through, and buy pressure kept pushing price up to 1.7058. RSI is 68.7 on 1H and 75.8 on 4H, with both cycles still not exceeding the overbought limit. The MACD 4H histogram is expanding; although there is a dead cross on 1H, the volume histogram is narrowing, and bullish momentum has not yet exhausted. The depth sell order ratio is -24.6%, with a Bid/Ask ratio of 0.61, and sell pressure is not clearly building up. Funding rate is -0.027%; short-side capital costs remain elevated, and if price holds strongly, it may trigger a short squeeze. Current risk/reward is 1.5, with ample upside room; the only risk is a sharp pullback and retest after 1H indicators turn high and then go dull.
🎯Direction: Go long
⚡Entry / place orders: 1.700683 - 1.705800
🛑Stop loss: 1.620510
🚀Target 1: 1.833735
🚀Target 2: 1.897703
🛡️Trade management: - Execute strategy: After reaching Target 1, reduce position by 50% and move the stop loss up to the break-even level. If price falls back to the entry level, exit automatically to protect principal.
Check live market 👇 $EUL
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