🎯 Technical Setup Analysis | $MERL ⚡ MERLUSDT
📊 Structure: Bearish Breakdown & Exhaustion Retest
📈 Bias: Futures SHORT
⏱️ Expected Horizon: 24h - 48h (Swing)
💵 Current Price: $0.030190
🔹 Entry Zone: $0.030341 - $0.030039
🎯 Target 1 (TP1): $0.029133 (-3.5%)
🎯 Target 2 (TP2): $0.028228 (-6.5%)
🎯 Target 3 (TP3): $0.027020 (-10.5%)
🛑 Invalidation / Stop: $0.030945 (+2.5%)
⚖️ Risk / Reward Ratio: 1 : 2.6 (TP2) | 1 : 4.2 (TP3)
📌 Project Snapshot:
• Rank: #492
• MCap: $34.5M | Circ: 66.2% | Age: 2y 5m (909d)
• ATH: $0.530000 | ATL: $0.015560
🔍 Key Technical Drivers:
• Overextended rally facing heavy rejection at major resistance confluence.
• Spot absorption stalling with aggressive distribution on lower timeframe volume.
⚠️ Educational market analysis. Always apply proper position sizing & DYOR.
#MERL #Tech4c
📊 Structure: Bearish Breakdown & Exhaustion Retest
📈 Bias: Futures SHORT
⏱️ Expected Horizon: 24h - 48h (Swing)
💵 Current Price: $0.030190
🔹 Entry Zone: $0.030341 - $0.030039
🎯 Target 1 (TP1): $0.029133 (-3.5%)
🎯 Target 2 (TP2): $0.028228 (-6.5%)
🎯 Target 3 (TP3): $0.027020 (-10.5%)
🛑 Invalidation / Stop: $0.030945 (+2.5%)
⚖️ Risk / Reward Ratio: 1 : 2.6 (TP2) | 1 : 4.2 (TP3)
📌 Project Snapshot:
• Rank: #492
• MCap: $34.5M | Circ: 66.2% | Age: 2y 5m (909d)
• ATH: $0.530000 | ATL: $0.015560
🔍 Key Technical Drivers:
• Overextended rally facing heavy rejection at major resistance confluence.
• Spot absorption stalling with aggressive distribution on lower timeframe volume.
⚠️ Educational market analysis. Always apply proper position sizing & DYOR.
#MERL #Tech4c