$EUL trading around 1.23 after sharp rejection from 1.446.

Strong rally earlier (+23%), but now short-term structure turning bearish.

Lower highs forming on 15m timeframe.

📌 Key Levels:

• Support: 1.20 – 1.17

• Resistance: 1.35 – 1.40

Momentum fading after top rejection.

Break below 1.20 could extend downside move.

🎯 Trade Setups:

• Short Setup:

Entry: 1.30 – 1.35 (rejection zone)

TP1: 1.20

TP2: 1.15

SL: Above 1.40

• Reclaim Long:

Entry: Above 1.40

TP: 1.45 – 1.50

SL: Below 1.33

⚠️ Holding above 1.20 may cause short-term bounce.

Trade Here 👇 $EUL

EUL
EULUSDT
1.5266
-0.36%

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