【$EUL Signal】Pullback to go long! 1H level retest confirmation, negative fee rate + stable OI, clear signs of main force supporting the market

$EUL The 1H level has experienced a massive rally and is now in a healthy retracement consolidation phase. The price has built a support zone between 1.145-1.18, and the 1H RSI has recovered from overbought territory to neutral (50.49), preparing for another upward move. The 4H level has seen a volume surge with a long bullish candle breaking through the long-term downtrend, indicating a shift to a bullish structure. The current retracement near the EMA20 (1.1836) is an excellent sniper entry point. Key data: negative funding rate (-0.067%) provides natural short squeeze fuel, OI remains stable, and no panic selling during price decline, which is a strong sign of main force supporting the market. The order book shows deep buy-side support around 1.14-1.15, forming a solid support wall.

🎯 Direction: Long (Long)

🎯 Entry/Order: 1.150 - 1.160 ( Reason: 1H support zone + 4H EMA20 dynamic support area + dense buy orders in the order book )

🛑 Stop loss: 1.135 ( Reason: Break below the strongest support wall of the 1H support zone and order book, structure broken )

🚀 Target 1: 1.250 ( Reason: Previous high resistance level, also the first selling pressure zone on the 4H level )

🚀 Target 2: 1.380 ( Reason: 1.618 Fibonacci extension level, corresponding to the previous high volume candle peak )

🛡️ Trading management:

- Position size suggestion: Standard position ( Reason: 4H trend reversal confirmed, 1H retracement structure clear, risk-reward ratio favorable )

- Execution strategy: After entering, if the price rebounds smoothly above 1.20, move the stop loss up to the entry price of 1.160 (break-even). After reaching target 1, reduce position by 50%, and move the remaining stop loss up to 1.210 to aim for target 2. If the price cannot quickly break away from the cost area (within 1-2 1H candles not breaking 1.18), consider closing half to reduce risk.

Deep logic: This is not just a simple oversold rebound. The volume on the 4H level surged dramatically (from 2 million to 57 million), clearly indicating main capital entering the market. Although the current 1H buy-sell ratio is slightly below (0.46), OI remains stable and the price is holding firm, showing active absorption of selling pressure rather than panic selling. In a negative fee rate environment, short positions are costly, and any upward price movement could trigger a short squeeze. Combining ATR (0.1173), the current volatility range is reasonable, stop loss is manageable, and the risk-reward ratio exceeds 1:2.5, making this a high-probability sniper trade.

Trade here 👇 $EUL

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