$EUL / $USDT just delivered a clean shakeout move.
Price rejected hard from the $3.588 high, and sellers took control fast, pressing $EUL all the way down to the $3.234 low. The drop was sharp and decisive, cutting -8.92% off the day and forcing late buyers to exit under pressure.
But the sell-off didn’t spiral.
Buyers stepped in right at the lows, absorbing supply and triggering a quick bounce before price settled near $3.238. The recovery shows demand is still present, even after the hit.
24h snapshot: High: $3.588
Low: $3.234
Current: $3.238
Volume: $667K USDT
This looks like a controlled pullback after a rejection, not a breakdown. Holding above the $3.23 zone keeps $EUL stable and opens room for consolidation. Lose that level, and sellers get another shot. For now, the market is catching its breath after the shake.
