$EUL Price continues to grind lower inside a clear bearish channel with no meaningful demand response. Momentum remains heavy and controlled by sellers.
Liquidity above minor pullbacks is consistently capped, confirming ongoing distribution throughout the range.
Support and resistance are clearly defined.
Upside resistance stands at 2.90–3.20 where prior sell-offs originated.
Downside support lies at 2.55–2.20 as continuation targets.
Trend remains bearish.
Short Trade Signal
Margin: 20x – 50x (Cross)
Entry 1: 2.90
Entry 2: 3.20
TP1: 2.55
TP2: 2.20
SL: 3.45
Short
#EUL Here 👇🏻👇🏻