【$EUL Signal】Short-squeeze driven + 4H Bollinger breakout, going-long sniper

$EUL RSI surged to 86.33, and the 4H Bollinger upper band at 2.36 has already been left behind by the price. The funding rate is -1.552%, reaching an extreme negative value, making shorting costs high. Although the 1H MACD histogram is contracting, OI remains stable—no signs that longs are exiting. With depth at 0.58, bid orders are relatively weak, but sell-side orders also aren’t stacking volume; price is ranging at high levels, digesting sell pressure.
🎯 Direction: Long
⚡ Entry: 2.448034 - 2.4554 (current-price zone—lie in wait directly)
🛑 Stop-loss: 2.430846
🚀 Target 1: 2.492231
🚀 Target 2: 2.510647
🛡️ Trade management: Take half at Target 1, move the stop-loss up to break even. If price pulls back to the entry zone, exit decisively—don’t hold through it.
This negative funding-rate structure combined with a stubborn price often triggers an accelerated short squeeze. The current risk-reward is 1.5; it’s normal for RSI to dull at high levels—just keep a close eye on the stop-loss line.
View live price 👇 $EUL
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