$EUL / USDT – Technical Outlook
Price is showing strong bullish activity around 1.894, up +5.11% over the last 24 hours. After forming a clean base in the 1.81–1.83 demand zone, price pushed impulsively to 1.967 and is now consolidating above the breakout area.
On the 1H timeframe, bullish market structure remains intact. As long as buyers defend current levels, continuation to the upside is favored.
Trade Setup
Entry Zone: 1.86 – 1.90
Target 1 🎯: 1.97 (recent high / retest level)
Target 2 🎯: 2.05 (extension zone)
Target 3 🎯: 2.18 (momentum continuation)
Stop Loss: 1.82 (below structural support)
As long as price holds above prior resistance turned support, momentum remains bullish. A strong reclaim and acceptance above 1.97 with volume would open a clear path toward higher extensions.
This is a structure-based setup—no rush. Let price confirm and follow strength.