📉 $EUL — HIGH PROBABILITY SHORT SETUP
$EUL is retesting a key supply zone where buying momentum is fading after the recent recovery. If sellers continue defending this resistance, price could rotate toward the next liquidity resting below.
📉 Entry: 1.50 – 1.52
🛑 Stop Loss: 1.60
🎯 TP1: 1.42
🎯 TP2: 1.38
🎯 TP3: 1.22
The latest rebound has pushed price back into a major resistance area where previous upside attempts lost momentum. Sellers are absorbing buying pressure around the supply zone, while the inability to break higher increases the probability of another bearish move. If bears remain in control, the next rotation could target the liquidity below recent support.
Trade $EUL here 👇
$EUL is retesting a key supply zone where buying momentum is fading after the recent recovery. If sellers continue defending this resistance, price could rotate toward the next liquidity resting below.
📉 Entry: 1.50 – 1.52
🛑 Stop Loss: 1.60
🎯 TP1: 1.42
🎯 TP2: 1.38
🎯 TP3: 1.22
The latest rebound has pushed price back into a major resistance area where previous upside attempts lost momentum. Sellers are absorbing buying pressure around the supply zone, while the inability to break higher increases the probability of another bearish move. If bears remain in control, the next rotation could target the liquidity below recent support.
Trade $EUL here 👇