📉 $EUL /USDC Analysis: Heavy Bearish Momentum! 📉

The 1-hour chart for $EUL indicates a firm bearish structure. The price is consistently printing lower highs and lower lows, tightly restricted below its MA(7), MA(25), and MA(99) lines. While the RSI(6) is oversold at 26.10, the trend is strongly down, making it an ideal Sell Short setup on minor pullbacks.

🎯 TRADE PLAN (SHORT) 🎯

🔹 Position: SELL / SHORT

🔹 Entry Range: 1.229 - 1.255

🔹 Stop Loss (SL): 1.295 (Above the recent hourly resistance structure)

📉 Take Profit Targets:

• TP 1: 1.190

• TP 2: 1.150

• TP 3: 1.100

Trade with discipline and adhere strictly to your stop loss! 📉

#Crypto #TradingSignals #BinanceSquare #EUL

EUL
EULUSDT
1.1053
-17.82%