$EUL is showing aggressive momentum after a strong expansion phase, with buyers clearly defending higher lows and pushing price into fresh intraday territory. The structure suggests continuation as long as the market holds above the immediate demand pocket near 1.30–1.32, which now acts as first support on any pullback. Losing that zone would expose a deeper retrace toward 1.24, but at the moment order flow favors dip buyers rather than sellers. Overhead, resistance is building near 1.45 where short-term traders may lock profits, yet a clean acceptance above that area can open the path toward 1.52 and possibly an exhaustion spike into 1.60 if momentum traders pile in. Volume profile indicates late shorts are vulnerable, so squeezes remain possible. Bias stays bullish while above support, with continuation setups preferred over chasing vertical candles.