Binance Introduces Airdrop for Euler Finance's EUL Token
Binance Airdrop Announcement: Binance has launched a HODLer Airdrop for Euler Finance's EUL token, available from October 4 to October 6, 2025, through its Alpha platform, which may influence Ethereum network activity and EUL’s market dynamics.
Impact on Ethereum Network: The airdrop is expected to increase Ethereum network congestion during the claim period, as users will need to utilize Alpha Points to claim their tokens, potentially affecting the internal economy of the Alpha Points system.
Market Speculation: While no direct comments have been made by Binance's CEO, the airdrop is anticipated to generate interest and could lead to spikes in Ethereum transaction fees and trading volumes, similar to past airdrop events.
Euler Finance Overview: Euler Finance focuses on decentralized lending, with EUL serving as its governance token, highlighting Binance's ongoing support for DeFi tokenization.
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Technical Analysis for EUL
Technical Sentiment Analysis for Euler (EUL) As of , Euler (EUL) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 6 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for EUL stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, EUL is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Euler (EUL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.1 | 0.368 | 0.737 | 1.205 | 1.574 | 2.042 | 2.411 |
| Fibonacci | 0.368 | 0.688 | 0.885 | 1.205 | 1.525 | 1.722 | 2.042 |
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