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$EUL - A long buying opportunity with clear institutional support!
📍 Entry Zone: $1.76 – $1.84
🎯 Targets: $1.89 / $1.95 / $2.03
🛑 **Stop Loss:** $1.60
🔍 Technical Analysis:
· The range between $1.76 and $1.84 has been a key rebound point over the past two weeks, where “smart money” absorbed liquidity when $1.60 was broken.
· Daily timeframe volumes are increasing, with a clear positive divergence on the RSI from the oversold zone, which strengthens the likelihood of an upward reversal.
⚡ Risk/Reward Ratio:
The first target provides a 1:3 ratio from the middle of the range, making this trade very attractive.
📊 Price Action:
Price movement encountered strong buy orders near the supply zone, confirming genuine institutional interest.
💬 Your Take Matters:
Do you expect the rally to continue and pull liquidity above $2.00, or would you prefer to take profit at the first resistance?
⚠️ Notice: This is not financial advice. Always make sure to manage your risk.
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#EUL #LongSetup #Crypto #Breakout #smartmoney 🚀🦈