$EUL /USDT SHORT Setup (Resistance Rejection)
Trade Plan
Entry: $1.10 – $1.16
Stop Loss: $1.24
Take Profits
TP1: $1.05
TP2: $0.98
TP3: $0.90
trade here
$EUL Why this setup
Price rejected near $1.20 → strong resistance zone
Pump (+12%) losing strength → momentum fading
Struggling to hold above $1.10
Likely pullback toward lower support levels
Alternative (Bullish Scenario)
If price breaks and holds above $1.25, bullish continuation possible → avoid shorts
Strategy Tip
Wait for retest of resistance with rejection wick, avoid chasing
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