【$EUL Signal】Go long | Negative funding rate short-squeeze + 4H upper band breakout imminent

$EUL Negative funding rate of -1.1260% hit a recent extreme, with short positions carrying very high costs. The 4H Bollinger upper band at 2.5012 has not been touched yet; the 1H MACD has a bearish crossover, but the volume contraction adjustment is nearing its end. Sell-side depth is heavier, with a bid/ask ratio of 0.68, but the liquidity support has not broken. Dense limit orders are placed below at 2.21.

🎯 Direction: long

⚡ Entry/limit orders: 2.276849 - 2.283700

🛑 Stop loss: 2.169515

🚀 Target 1: 2.454978

🚀 Target 2: 2.540616

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

The combination of the negative funding rate and the 4H RSI 74.69 is worth handling calmly—once the short squeeze triggers, the elasticity can be significant. The 1H RSI 59.51 is not overheated yet, and there is still room for longs.

Check real-time market 👇 $EUL
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