$EUL | LONG Setup š
$EUL is showing signs of a potential bullish reversal after successfully defending a key support zone. Buyers are stepping back in, and a sustained hold above the current range could open the door for the next upward move.
Momentum confirmation is important ā watch for strong buying volume and continuation before entering.
Trade Plan
š Entry Zone: $1.625 ā $1.645
šÆ Take Profit Targets
ā¢ TP1: $1.690
ā¢ TP2: $1.760
ā¢ TP3: $1.850
š Stop Loss: $1.575
Bullish Scenario:
Holding above the support zone keeps the reversal structure valid and increases the probability of a move toward higher resistance levels.
Manage risk properly and avoid entering without confirmation.
$EUL is showing signs of a potential bullish reversal after successfully defending a key support zone. Buyers are stepping back in, and a sustained hold above the current range could open the door for the next upward move.
Momentum confirmation is important ā watch for strong buying volume and continuation before entering.
Trade Plan
š Entry Zone: $1.625 ā $1.645
šÆ Take Profit Targets
ā¢ TP1: $1.690
ā¢ TP2: $1.760
ā¢ TP3: $1.850
š Stop Loss: $1.575
Bullish Scenario:
Holding above the support zone keeps the reversal structure valid and increases the probability of a move toward higher resistance levels.
Manage risk properly and avoid entering without confirmation.