$MERL :
Current: ~0.02289
Strong impulse from ~0.0200 → 0.0240
Price pulled back after touching ~0.0246
Buyers are still defending around 0.0225–0.0228
Major resistance: 0.0240–0.0246
🟢 Long setup
Preferred entry: 0.0225–0.0228 after a bullish rejection/confirmation
SL: ~0.0218
TP1: 0.0240
TP2: 0.0246
TP3: 0.0252–0.0255
The better trade is buying the pullback, not entering after a large green candle.
🚨 Breakout alternative
If a 4H candle closes clearly above 0.0246, then wait for a retest of ~0.0245–0.0246 and look for a long confirmation.
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$ADA
$BULLA