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$EUL Signal: Negative funding rate short squeeze + 1H momentum continuation
$EUL Funding rate -0.7426%, order book Bid/Ask 0.86. Selling pressure is slightly heavier, but buy orders are actively taking the orders. 1H RSI 70.59, MACD histogram narrowing, Bollinger Bands opening upward.
🎯 Direction: long
⚡ Entry / limit orders: 2.463000 - 2.466700
🛑 Stop loss: 2.442033
🚀 Target 1: 2.503700
🚀 Target 2: 2.522201
🛡️ Trade management: - Execution strategy: After reaching Target 1, cut position by 50% and move the stop loss up to break-even. If price drops back to the entry level, automatically exit to protect principal.
Deep logic: Negative funding rate + stable OI. Shorts are paying costs; price has not effectively broken below the recent low. The intent to support price is exposed near 2.44. After a short-term momentum correction, it may continue to push higher; risk-reward is about 1.5.
View live market 👇 $EUL
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