🚨 $EUL Trade Setup — 4H Reversal Attempt 🚨
$EUL is showing strong signs of recovery on the 4H chart after bouncing off the local bottom at $1.307. Momentum is shifting back to the buyers as the price reclaims key moving averages!
📊 Trade Levels:
• 🟢 Entry Zone: 1.56 – 1.62
• 🛑 Stop Loss (SL): 1.45 (Structure Invalidation)
• 🎯 Take Profit 1: 1.74
• 🎯 Take Profit 2: 1.90
• 🎯 Take Profit 3: 2.10
• ⚖️ Risk-to-Reward: ~1:2.8
🧠 Technical Breakdown:
1️⃣ Moving Average Support: Price is holding above the MA(7), MA(25), and MA(99), confirming near-term bullish control.
2️⃣ Volume Surge: The recent push is backed by an increase in volume, adding credibility to this potential breakout.
3️⃣ Key Obstacle: First main resistance lies at 1.74. Entering on a shallow pullback offers the best risk/reward ratio.
👇 What’s your plan?
Are you entering here, or waiting for a pull-back to 1.56? 💬
#EUL #trading #ColdcardFlawDrains594BTC #TradingSignals #crypto
$EUL is showing strong signs of recovery on the 4H chart after bouncing off the local bottom at $1.307. Momentum is shifting back to the buyers as the price reclaims key moving averages!
📊 Trade Levels:
• 🟢 Entry Zone: 1.56 – 1.62
• 🛑 Stop Loss (SL): 1.45 (Structure Invalidation)
• 🎯 Take Profit 1: 1.74
• 🎯 Take Profit 2: 1.90
• 🎯 Take Profit 3: 2.10
• ⚖️ Risk-to-Reward: ~1:2.8
🧠 Technical Breakdown:
1️⃣ Moving Average Support: Price is holding above the MA(7), MA(25), and MA(99), confirming near-term bullish control.
2️⃣ Volume Surge: The recent push is backed by an increase in volume, adding credibility to this potential breakout.
3️⃣ Key Obstacle: First main resistance lies at 1.74. Entering on a shallow pullback offers the best risk/reward ratio.
👇 What’s your plan?
Are you entering here, or waiting for a pull-back to 1.56? 💬
#EUL #trading #ColdcardFlawDrains594BTC #TradingSignals #crypto