$EUL Signal】Bullish | Negative funding rate short squeeze + 1H MACD bullish but shrinking volume


$EUL 1H MACD bullish histogram shrinks to 0.0036; RSI 70.59 is nearing the overbought line. The Bollinger middle band at 2.1583 is far below. Funding rate -0.7426%; OI stable; short positions’ cost basis is extremely high.

🎯 Direction: long

⚡ Entry/limit order: 2.463000 - 2.466700

🛑 Stop-loss: 2.442033

🚀 Target 1: 2.503700

🚀 Target 2: 2.522201

🛡️ Trade management:
- Execution plan: After reaching Target 1, cut position size by 50% and move the stop-loss up to breakeven. If price drops back to the entry zone, automatically exit to protect principal.

Deep thesis: With a negative funding rate, the probability of shorts being forced to close passively increases, but the buy-side depth ratio is only 0.86, and selling pressure doesn’t ease. The 1H Bollinger upper band at 2.7696 provides upside room. The risk-reward ratio of 1.5 is still acceptable in a short-squeeze game. If price holds above 2.467, short stop-losses could accelerate the upward push.

Check real-time quotes 👇 $EUL
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