$EURI Usually like still water, when moving like thunder Liquidity has pitfalls Suitable for ambush
1. Overall Trend Judgment (Core)
The trend of EURI presents a very unique “stair-step” rise. The price started around $1.05$ and steadily rose along a clear upward trend line to the current $1.1639$.
The market depth is insufficient, making it easy for prices to deviate.
The overall trend of EURI is bullish, with the focus continuously shifting upwards. However, due to its special pin bar characteristic, it belongs to the type of “usually like still water, when moving like thunder.”
2. Key Levels
Resistance Level (Selling Pressure Zone):
Short Resistance: $1.180 - $1.200$. Recent upper bound of fluctuations. There is not a dense trapped position above (previous trading volume was small), so this position is more of a psychological resistance.
Strong Resistance: $1.250 - $1.300$. The upper area of the upward pin. This is a testing point for extreme market conditions.
Support Level (Defensive Zone):
Lifeline: $1.150$. Recent bottom of the consolidation platform, also the short-term defensive level. As long as it maintains above, the bullish structure remains unchanged.
Strong Support: $1.100 - $1.120$. Support at the lower boundary of the trend channel. If it breaks below here, the upward trend will pause for a while.
3. Volume Signal
Signal: Usually low volume, pin bar explosive volume.
In daily trading, the trading volume is very sparse (low liquidity), but during pin bars, it will release a huge volume. This indicates that most of the time, fluctuations are driven by a small amount of capital, suitable for ambush, not for chasing highs or lows.
4. Operation Strategy
For Holders: Place orders to catch rewards. Given its characteristic of liking “pin bars,” one can place high-price sell orders above $1.25$ while placing low-price buy orders below $1.00$, aiming for instant profit from transactions.
For Non-Holders: Focus on low buying. If it stabilizes around $1.15$, one can enter with a light position, targeting a slow bull rise. Remember not to chase high during rapid rises to avoid getting caught on the “flagpole.”
5. Summary
EURI is the “Pin King,” $1.15 is support, and placing orders to seek explosive profits is the best strategy. Liquidity has pitfalls, please pay attention to risk control!