$EUL went from $0.93 to $2.78 like it had somewhere VERY important to be… then remembered it left the stove on. 😭📉
That huge pump got hit with aggressive selling, and now EUL is back around $1.53, down 13% today. The 8H chart shows the hype cooling off, with every recovery attempt struggling to regain the previous highs.
For me, this is a SHORT-on-rejection setup, not a place to blindly chase the dump.
📉 $EUL Trade Setup
Position: SHORT
Entry: $1.55 – $1.62
TP1: $1.45
TP2: $1.34
TP3: $1.20
Stop Loss: $1.72
Analysis: $1.55–$1.62 is the area I’d watch for a weak bounce and rejection. If sellers defend it, another move toward $1.45 and lower becomes possible.
But a strong reclaim above $1.72? I’m out.
Because after watching EUL run from $0.93 to $2.78 once, I’m definitely not arguing with this coin when it decides to become a rocket again. 😂🚀
