$EUL USDT (Euler perpetual futures on Binance) in a sharp downtrend, currently trading at 1.047 after a brutal -15.90% drop in the last 24 hours. Price hit a 24h high of 1.251 but plunged to lows near 1.043, breaking through multiple supports with heavy red candles.

Technical indicators scream oversold conditions — RSI(6) at 14.429 and RSI(14) at 23.357 are deeply in oversold territory, while Stochastic (K:2.952, D:5.978, J:-3.099) shows extreme weakness but potential for a rebound snap. Bollinger Bands are squeezed lower with price hugging the lower band (DN ~1.079), classic setup for mean reversion or bounce.

After this massive dump, oversold bounce looks primed! Momentum could shift if buyers step in at these depressed levels.

Trade Idea: LONG $EUL USDT Now!

Entry around current ~1.047

Take Profit: 1.25 (first target, near recent high) / stretch to 1.40+ if volume kicks in

Stop Loss: 1.00 (below recent low to protect against further breakdown)

Risk-reward looks solid in this oversold zone — don't miss the potential reversal!

Euler ($EUL) is the governance token of a leading DeFi lending protocol — huge utility in permissionless markets. This dip could be your golden entry before the next leg up!

Trade or BUY $EUL USDT Now! Follow & turn 🔔 on ✅ Don't fade the bounce!

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