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$EUL lacks momentum for an upward move, and sellers are seeking control.
Short $EUL now
Entry: 1.005 – 1.020
Stop loss: 1.030
First target: 0.914
Second target: 0.839
Third target: 0.810
The upward momentum has not been sustained. After the rebound, buyers seem to be struggling to maintain the gains. Continuous selling pressure makes the market feel heavy, and selling pressure is overshadowing momentum. This often paves the way for a continued decline as long as sellers remain active.
Trade $EUL 👇 here