Market Overview & Strength Assessment
$EUL /USDT is trading around 3.020, posting a solid +3.92% daily gain and maintaining a constructive intraday structure. Price action shows a strong advance from the 2.89–2.93 base, followed by an impulsive move toward the 3.075 high. The subsequent pullback has been orderly, with price stabilizing above the psychological 3.00 level. This behavior reflects healthy rotation rather than distribution, suggesting that buyers are still in control and the market is digesting gains without losing structure. Volume remains supportive, reinforcing the credibility of the move.
Trading View & Execution Framework
From a trading perspective, 3.00–2.98 now serves as a key demand zone and decision area for short-term participants. Holding above this band keeps the bullish bias intact and favors continuation toward 3.05 and a potential retest of 3.07–3.08 if momentum rebuilds. A clean reclaim and hold above 3.05 would signal renewed strength and invite trend-following entries. Conversely, a sustained move below 2.98 would weaken the setup and warrant tighter risk controls. Overall, EUL presents a favorable structure for disciplined long positioning on controlled pullbacks, prioritizing confirmation and risk management over chasing volatility.
