$EUL is trading near 1.407 after a strong vertical pump from the intraday base. Price already tapped the 1.43 zone and now showing slight pullback signs near short term resistance. Momentum is still positive, but upside looks limited unless buyers push above recent high with volume.
🔹 Short Setup
Entry: 1.400 to 1.430
SL: 1.470
TP1: 1.360
TP2: 1.320
TP3: 1.260
Price is extended from short term moving averages and volume spike suggests possible exhaustion near the top. If price fails to hold above 1.43 and forms lower high on lower time frame, sellers can step in for a pullback toward previous breakout zone.
Invalidation: Strong 15m close above 1.47 with high volume.
Risk management is key, use proper position sizing.
Trade $EUL here 👇
🔹 Short Setup
Entry: 1.400 to 1.430
SL: 1.470
TP1: 1.360
TP2: 1.320
TP3: 1.260
Price is extended from short term moving averages and volume spike suggests possible exhaustion near the top. If price fails to hold above 1.43 and forms lower high on lower time frame, sellers can step in for a pullback toward previous breakout zone.
Invalidation: Strong 15m close above 1.47 with high volume.
Risk management is key, use proper position sizing.
Trade $EUL here 👇