$EUL is showing steady strength, currently trading around 1.039, with a +7.11% gain in the last 24 hours. After bouncing from the 0.998 area and reclaiming key short-term levels, price is now moving through a volatile consolidation range just below the recent high. The chart is showing signs of a retest after breakout pressure, with buyers still trying to hold control.
On the lower timeframe, price action remains active despite pullbacks, which suggests momentum has not fully faded. The market already tested the 1.062 high, and now the key question is whether EUL can build support above the current zone and make another push upward. If buyers keep defending dips, the structure can still shift into a stronger continuation move.
Trade Setup
• Entry Zone: 1.030 – 1.040
• Target 1: 1.062
• Target 2: 1.080
• Target 3: 1.100
• Stop Loss: 1.008
If the breakout zone is reclaimed with stronger candle closes and supportive volume, EUL could continue higher and challenge the next resistance band. For now, the most important area to watch is whether price can stay above the short-term support region and build enough momentum for another attempt at the recent top.
#JustinSunVsWLFI #HighestCPISince2022
