$MERL is cooking something big
Long $MERL
Entry: 0.0295 –0.0310
SL: 0.0285
TP1: 0.0320
TP2: 0.0330
TP3: 0.0345
TP4: 0.0360
Why:
$MERL is showing strong bullish momentum on the 1H chart after rebounding sharply from 0.02705. Price is now trading at 0.03117, holding above MA7 at 0.03063, MA25 at 0.02924, and MA99 at 0.02981. This indicates a bullish short-term structure following the recent breakout. The immediate resistance is 0.03136, followed by the 0.03158 area. A strong 1H candle close above this resistance with sustained volume could open the way toward 0.0320 and 0.0330. Ideally, look for a pullback into the entry zone rather than chasing the current spike
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Long $MERL
Entry: 0.0295 –0.0310
SL: 0.0285
TP1: 0.0320
TP2: 0.0330
TP3: 0.0345
TP4: 0.0360
Why:
$MERL is showing strong bullish momentum on the 1H chart after rebounding sharply from 0.02705. Price is now trading at 0.03117, holding above MA7 at 0.03063, MA25 at 0.02924, and MA99 at 0.02981. This indicates a bullish short-term structure following the recent breakout. The immediate resistance is 0.03136, followed by the 0.03158 area. A strong 1H candle close above this resistance with sustained volume could open the way toward 0.0320 and 0.0330. Ideally, look for a pullback into the entry zone rather than chasing the current spike
📩DM ME ON X TO KNOW HOW TO JOIN MY PREMIUM FOR HIGHLY PROFITABLE TRADE SETUPS LIKE THIS
#Altcoin Season# #Macro Insights#