【$EUL Signal】1H accelerates upward, negative funding rate short squeeze imminent

$EUL 4H MACD histogram continues to expand, RSI 1H 78 at a high level becoming sluggish. In the order book during the deep bid/ask, buyers’ resting orders account for only 21%, showing the main push clearly, but sell pressure hasn’t arrived yet. Funding rate is -1.87%. Shorts have accumulated substantial unrealized losses, and squeeze conditions are mature. The current price has already broken above the upper Bollinger Band; short-term momentum shows no signs of exhaustion, but watch for overbought risk in the risk-reward.
🎯 Direction: long
⚡ Entry / limit orders: 2.403568 - 2.410800
🛑 Stop-loss: 2.290260
🚀 Target 1: 2.591610
🚀 Target 2: 2.682015
🛡️ Trade management: - Execution strategy: after reaching Target 1, reduce position by 50%, and move the stop-loss up to break-even. If price drops back to the entry area, exit automatically to protect principal.
Deep thesis: OI remains stable but funding rate is deeply negative, increasing the risk of shorts getting trampled. The 1H MACD shows no top divergence; bulls maintain tight control of the rhythm, and needle-in-the-wick style entries are steadier.
View live chart 👇 $EUL
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