🚨 $EUL Strategy: The Momentum Extension Fade
The vertical expansion was a massive success, but we are now entering the profit-taking phase. We are fading the overextension to catch the re-accumulation near institutional support levels.
Entry Zone: $1.58 – $1.70 (Supply Zone Rejection)
TP1: $1.45 (Immediate Structural Support)
TP2: $1.30 (MA-99 Macro Support)
TP3: $1.15 (Major Demand Floor)
Stop Loss: $1.80 (Hard Exit Above the Recent High)
Trade Logic:
EUL is currently trading far above its MA(99) ($1.30), creating a massive "Liquidity Gap." Historically, moves this parabolic lead to a "Mean Reversion" flush. The rejection at $1.85 confirms that institutional sellers are defending the highs. I am looking for a short entry on the current consolidation, targeting the $1.30 support cluster.
#EUL #Euler #TalhaSniper #BinanceSquare #smartmoney
The vertical expansion was a massive success, but we are now entering the profit-taking phase. We are fading the overextension to catch the re-accumulation near institutional support levels.
Entry Zone: $1.58 – $1.70 (Supply Zone Rejection)
TP1: $1.45 (Immediate Structural Support)
TP2: $1.30 (MA-99 Macro Support)
TP3: $1.15 (Major Demand Floor)
Stop Loss: $1.80 (Hard Exit Above the Recent High)
Trade Logic:
EUL is currently trading far above its MA(99) ($1.30), creating a massive "Liquidity Gap." Historically, moves this parabolic lead to a "Mean Reversion" flush. The rejection at $1.85 confirms that institutional sellers are defending the highs. I am looking for a short entry on the current consolidation, targeting the $1.30 support cluster.
#EUL #Euler #TalhaSniper #BinanceSquare #smartmoney