【$EUL Signal】Long setup hidden: Negative funding squeezes the shorts + 1H consolidation builds energy

$EUL Funding rate -0.7577% deep negative, OI holds steady without shrinking, and short positions have clearly piled up. On the 1H Bollinger Bands, the upper band is 2.76; the current price 2.48 is above the midline in a tight consolidation. RSI 71.75 has not entered overbought. On the 4H MACD histogram, the bars have been continuously shortening but have not formed a death cross; long momentum decline is limited. Buy depth is 0.45, with sell pressure slightly higher than buy pressure, but the price hasn’t dropped significantly—shorts look exhausted.
🎯 Direction: long
⚡ Entry/Limit orders: 2.471264 - 2.478700
🛑 Stop-loss: 2.453913
🚀 Target 1: 2.515880
🚀 Target 2: 2.534471
🛡️ Trade management: After reaching Target 1, cut 50% and move the stop-loss up to breakeven. If price falls back to the entry zone, automatically exit to protect principal.
Current risk-reward ratio is 1.5. With negative funding increasing the risk of short covering, just wait for one bullish breakout candle with volume to confirm.
View real-time chart 👇 $EUL
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
‍#直通IPO第二期JerseyMikes #夏日创作营