$EUL just faced a heavy correction and the chart is showing that classic drop-and-pause pattern where sellers lose strength and the market starts to settle. After hitting the low at 3.813 buyers reacted quickly but the bounce could not hold above 4.014 which led to another pullback near 3.947 where price is stabilizing now. This zone is important because when a strong red wave slows down like this it often becomes the base for the next move if buyers step in with confidence.
The candles are tightening the volatility is cooling and these small green attempts show that the market is trying to recover from the shock. If $EUL holds above 3.900 the chart can push back toward 3.980 and 4.020 as dip buyers return. Breaking above 4.050 would confirm a stronger rebound.
This is the moment when fear starts fading and opportunity begins to build quietly. One clean push can flip the whole momentum again.
Let’s go and trade now $EUL
EUL
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