Is $EUL ‌ finally done bleeding or is this just another trap for the late buyers?

Looking at the daily chart, we've finally seen some green after that brutal slide from the $2.50 area. It found a decent base around $0.77 and has been grinding slowly higher since then.
The price is sitting at $1.095 right now, which is a bit of a tricky spot. We are testing the recent local high, and if we can actually close a candle above $1.15, things might get interesting for a run toward $1.60.
The order book shows about 57% buy pressure, so there is some interest coming back in, but the volume still feels a bit thin for a massive breakout.
I’m watching to see if we hold this $1.00 level as new support. If it slips back under a dollar, the dream is over for a bit.
Are you guys jumping in here or waiting for a cleaner retest?

#95%ofAltsBelow200-daySMA