$EUL Signal】Going long + negative funding rate short squeeze on the pullback to re-enter long


$EUL 1H MACD dead cross: the price fell from 2.6657 to the 2.35 area, and the sell-side depth ratio exceeds 10%. But the negative funding rate surged to -0.74%, meaning short positions have extremely high carry costs, and the capital battle is fierce.

🎯Direction: long

⚡Entry/place order: 2.353518 - 2.360600

🛑Stop loss: 2.336994

🚀Target 1: 2.396009

🚀Target 2: 2.413714

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

(Depth logic: Although the 4H MACD histogram has shrunk, the fast/slow lines are still above the zero axis, and the mid-term long structure has not been broken. 1H RSI is 63 and hasn’t entered overbought territory, so pullback room is limited. In the order book, the buy order placed is 0.81x of the sell order, but oversold depth has accumulated; negative funding rates often catalyze shorts to get forced into covering.)

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