$EUL has gone through a clean corrective phase after a strong sell off and is now forming a higher low structure, showing early signs of stabilization. Selling pressure has reduced significantly, and price is holding above the recent demand zone. Momentum is still weak but no longer aggressive, which often precedes a controlled bounce. If buyers continue to defend this range, a recovery move toward prior supply is likely.

Entry zone: 1.84 – 1.88

Stop loss: 1.77

Target 1: 1.98

Target 2: 2.15

Target 3: 2.40

Manage risk properly and trail once targets start hitting.