$EUL current price 2.276, open interests are really high, RSI 71 on 15 mins chart.

It might rise up next few days, target 3.8-3.9

Long setup
Entry: 1.9
SL: 1.85, must set because we are long at high price

Short setup:
Entry: 2.35-2.45
SL: at recent peak 2.56

Avoiding to short it unless you accept the loss at SL.