Quiet tape, loud intentions. 👀
$MERL
is sitting at 0.029062 with +1.09% on the day and roughly $910K in volume, the busiest name on this list. When the volume leader grinds up instead of spiking, I pay attention.
Support: 0.0278 → 0.0265
Resistance: 0.0305 → 0.0325
Short term: Holding above 0.0278 keeps the bulls in control. A clean push through 0.0305 is where momentum traders wake up.
Mid term: Higher lows on the 4H and daily would suggest accumulation, not a one-day pump.
Long term: Hold the 0.0265 zone and the structure stays healthy.
🎯 Targets: T1 0.0305 | T2 0.0328 | T3 0.0355
🛑 Invalidation: Daily close below 0.0272
💡 Pro tip: Take profit at T1 and move your stop to entry. That turns a trade into a free roll.
#MERL #BinanceSquare #crypto #trading
$MERL
is sitting at 0.029062 with +1.09% on the day and roughly $910K in volume, the busiest name on this list. When the volume leader grinds up instead of spiking, I pay attention.
Support: 0.0278 → 0.0265
Resistance: 0.0305 → 0.0325
Short term: Holding above 0.0278 keeps the bulls in control. A clean push through 0.0305 is where momentum traders wake up.
Mid term: Higher lows on the 4H and daily would suggest accumulation, not a one-day pump.
Long term: Hold the 0.0265 zone and the structure stays healthy.
🎯 Targets: T1 0.0305 | T2 0.0328 | T3 0.0355
🛑 Invalidation: Daily close below 0.0272
💡 Pro tip: Take profit at T1 and move your stop to entry. That turns a trade into a free roll.
#MERL #BinanceSquare #crypto #trading