$MERL Shows Strong Breakout Momentum After Breaking Above Resistance
– LONG
Trade Plan:
Entry: 0.0184 – 0.0188
SL: 0.0175
TP1: 0.0195
TP2: 0.0205
TP3: 0.0215
Why this setup?
$MERL has broken strongly above the recent consolidation zone around 0.0175–0.0180 with strong buying momentum. Price is holding near the breakout area, and a successful retest can open the way toward the next resistance levels. Avoid chasing if price moves sharply above the entry zone.
Click The Trade
$MERL
– LONG
Trade Plan:
Entry: 0.0184 – 0.0188
SL: 0.0175
TP1: 0.0195
TP2: 0.0205
TP3: 0.0215
Why this setup?
$MERL has broken strongly above the recent consolidation zone around 0.0175–0.0180 with strong buying momentum. Price is holding near the breakout area, and a successful retest can open the way toward the next resistance levels. Avoid chasing if price moves sharply above the entry zone.
Click The Trade
$MERL