$EUL Short Strategy: Sniper Entry at Heavy Resistance
$EUL is currently grinding into a major resistance zone, and the momentum is completely stalling out. This is not a trend shift; it is a textbook corrective relief bounce inside a broader weak structure.
Here is the exact trading plan to short this rejection:
Entry Zone (CMP): $1.04 – $1.08
Take Profit 1 (TP1): $0.98
Take Profit 2 (TP2): $0.92
Take Profit 3 (TP3): $0.86 (Lower liquidity pocket)
Stop Loss (SL): $1.14
The Logic: Buyers tried to lift the price, but there is absolutely no expansion in momentum. Every attempt to push higher is getting absorbed by sellers defending this $1.06+ zone. When upside attempts fail like this, the price naturally rotates back down to hunt lower liquidity. Stick to the plan and let the sellers take control. 📉
#EUL #EULShort #CryptoTrading #TradeSetup #BinanceSquare
