🚀$MERL Buyers are close to securing the breakout!
$MERL is testing the $0.0300 resistance level again, with signs that buying momentum is returning.
I’m watching for a breakout and a hold above this level to confirm a potential long entry.
📈 LONG trade setup
Entry: $0.02970 – $0.03000
TP1: $0.03050
TP2: $0.03100
TP3: $0.03150
Stop loss (SL): $0.02920
⚠️ Risk management: Don’t rush into a trade before the breakout is confirmed, and monitor trading volume. Secure profits gradually, and don’t chase the price after a rally.
$MERL is testing the $0.0300 resistance level again, with signs that buying momentum is returning.
I’m watching for a breakout and a hold above this level to confirm a potential long entry.
📈 LONG trade setup
Entry: $0.02970 – $0.03000
TP1: $0.03050
TP2: $0.03100
TP3: $0.03150
Stop loss (SL): $0.02920
⚠️ Risk management: Don’t rush into a trade before the breakout is confirmed, and monitor trading volume. Secure profits gradually, and don’t chase the price after a rally.