$EUL
The descending trendline that capped price for months has finally been broken with a strong impulsive candle. That kind of breakout usually signals a shift in market structure, not just a short-term pump.
Now the key level to watch is $1.60-$1.65. A daily close above this zone would confirm the breakout and could open the path toward $1.80+.
If price retests the broken trendline or the $1.45-$1.50 area and holds, it would strengthen the bullish case.
Momentum is with the buyers, but chasing a vertical candle is rarely the best strategy. Watch for confirmation, not emotion.
Bullish until the breakout fails.
#EUL #Altcoin Season# #Altcoins #AltcoinTrading #CMC VIP#
The descending trendline that capped price for months has finally been broken with a strong impulsive candle. That kind of breakout usually signals a shift in market structure, not just a short-term pump.
Now the key level to watch is $1.60-$1.65. A daily close above this zone would confirm the breakout and could open the path toward $1.80+.
If price retests the broken trendline or the $1.45-$1.50 area and holds, it would strengthen the bullish case.
Momentum is with the buyers, but chasing a vertical candle is rarely the best strategy. Watch for confirmation, not emotion.
Bullish until the breakout fails.
#EUL #Altcoin Season# #Altcoins #AltcoinTrading #CMC VIP#