$EUL /USDT

Clean trend progression: higher highs and higher lows from 0.78 into 1.44, then sharp rejection at local liquidity. Current move is first pullback after expansion.

1.10–1.05 is the structural support zone. Holding here maintains bullish continuation potential back toward 1.35–1.45. Loss of 1.05 would imply deeper retrace toward 0.98–1.00 prior breakout.

After extended runs, markets rebalance before deciding continuation. This is that phase.