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Relief bounce forming after extended downside
$EUL Long
Trade Plan
Entry $0.99 to $1.02
Stop Loss $0.94
TP1 $1.08
TP2 $1.15
TP3 $1.22
Why this setup
$EUL has been in a short term downtrend but is now forming a base around $0.97 to $1.00 zone. Price is attempting to reclaim $1.02 resistance with early signs of higher lows on lower timeframe. If buyers hold above $0.99 structure can shift into a stronger relief rally toward $1.08 and $1.15 liquidity levels.
Will bulls flip $1.00 into solid support and push for trend reversal?
$EUL #GateSquare$50KRedPacketGiveaway