$EUL
is trading around 0.958 on the 1H timeframe after a strong rejection from 1.148 and a prolonged bearish correction. Price has now returned to the major demand zone near 0.94–0.96, which previously acted as a base.
Selling pressure is still present, but the decline is slowing, suggesting possible stabilization. This area is important for deciding the next direction.
Trade Setup (Reversal / Support Play)
Long Setup (If Support Holds)
Entry: 0.945 – 0.960
TP1: 1.020
TP2: 1.080
TP3: 1.140
Stop Loss: 0.920
Short Setup (If Support Breaks)
Entry: Below 0.940
TP1: 0.910
TP2: 0.880
Stop Loss: 0.965
Holding above 0.94 can trigger a relief bounce. A clean break below this level would confirm continuation of the downtrend.
#PredictionMarketsCFTCBacking #BTCMiningDifficultyIncrease #TrumpNewTariffs