š $EUL / USDT ā BREAKOUT MOMENTUM š
šŗ EUL TRADE SETUP
Focus: Momentum Breakout
š¢ Entry Range: $2.360 ā $2.380
šÆ Target 1: $2.450 (Immediate Resistance)
šÆ Target 2: $2.520 (Local High Re-test)
šÆ Target 3: $2.600 (Major Trend Reversal Zone)
* š Stop Loss: $2.300 (Invalidation below breakout point)
š Why the Jan 2026 Setup is Strong:
* Volume Spike: Trading volume has surged over 300% in the last few hours. This "aggressive momentum" indicates that large institutional buyers are likely accumulating following the Grayscale news.
* Short Squeeze: EUL had been in a steep downtrend for most of January. This sudden breakout has likely triggered a "cascade" of liquidations for traders who were heavily shorting the $1.80ā$2.10 range.
* Euler XP Season 2: The DAO just finalized the rules for Season 2 of Euler XP, which will reward borrowers for the first time. This is expected to drive a massive surge in TVL (Total Value Locked) over the next 30 days.
* Technical Shift: On the 4-hour chart, EUL has finally crossed above the 200-day Moving Average for the first time this year. As long as the price holds above the $2.35 breakout zone, the structure has officially flipped from bearish to "Aggressive Bullish."
Strategy: This is a high-speed momentum trade. The "fakeout" risk is low as long as Bitcoin stays stable near $92,000. If EUL hits Target 2 ($2.52), it is recommended to move your Stop Loss to entry ($2.36) to lock in a "risk-free" trade.
#EUL #EulerFinance #DeFi #Breakout #CryptoTrading #Grayscale #DeFiLending
