š“ $MERL HITS A BRICK WALL AS SELLERS STEP IN FOR A HEAVY REJECTION š
Entry: 0.0342 - 0.0348 ā”
Target: 0.0295 šÆ
Stop Loss: 0.0365 ā ļø
Bulls just hit a brick wall after that explosive run, leaving behind a massive bearish rejection candle that screams exhaustion. Momentum is flipping fast as sellers take command below the 0.0348 resistance overhead. š
Order flow shows liquidity evaporating on the highs while downside gravity pulls price toward the lower demand pockets. If this barrier holds firm, expect a slide straight into the 0.0315 to 0.0295 support corridor. š
Are you fading this rally right now or waiting for a deeper flush? š¤
ā ļø Not financial advice. Always manage your risk. š”ļø
š·ļø #MERL #ShortSetup #Crypto #Trading #Bearish
š“ š
Entry: 0.0342 - 0.0348 ā”
Target: 0.0295 šÆ
Stop Loss: 0.0365 ā ļø
Bulls just hit a brick wall after that explosive run, leaving behind a massive bearish rejection candle that screams exhaustion. Momentum is flipping fast as sellers take command below the 0.0348 resistance overhead. š
Order flow shows liquidity evaporating on the highs while downside gravity pulls price toward the lower demand pockets. If this barrier holds firm, expect a slide straight into the 0.0315 to 0.0295 support corridor. š
Are you fading this rally right now or waiting for a deeper flush? š¤
ā ļø Not financial advice. Always manage your risk. š”ļø
š·ļø #MERL #ShortSetup #Crypto #Trading #Bearish
š“ š
