【$EUL Signal】Long setup in advance: 1H pullback confirmation + negative funding rate short-squeeze logic

$EUL 1H MACD dead cross spreads, but the price holds around the 2.25 area; on 4H, the upper Bollinger band at 2.50 is suppressing pressure and has not been broken. The funding rate is -1.126%, the lowest in the recent period, and short positions have an extremely high cost basis. The order book depth imbalance of -19% suggests the seller side is weak on limit orders; once buy orders gain strength, it is easy to get liquidations cascaded. A support platform has formed around 2.28; signs of longs reorganizing their offensive have emerged.
🎯 Direction: Go 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, reduce position size by 50% and move the stop loss up to the breakeven level. If the price drops back to the entry zone, automatically exit to protect principal.
The negative funding corridor is extreme, and no massive outflow in OI has been observed; shorts are facing rollover pressure. The 1H candlesticks have closed above 2.28 for three consecutive bars, with dense “catching” orders below; the risk-reward ratio is about 1.5. This trade is worth a bet.
View real-time quotes 👇 $EUL
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