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$MERL VULNERABLE AFTER A SHARP SUPPLY REJECTION AT KEY RESISTANCE! 📉
Entry: $0.0342 – $0.0348 ⚡
Target: $0.0330, $0.0315, $0.0295 🎯
Stop Loss: $0.0365 ⚠️
Smart money distribution is currently evident as aggressive selling pressure steps in following the recent markup phase. A heavy bearish rejection candle signals that institutional sellers are actively defending higher liquidity thresholds. 📊
If order flow fails to reclaim structural parity below the 0.0348 threshold, expect an inevitable liquidity sweep toward the lower demand shelves down to 0.0295. 🌊
💬 Are you tracking this short setup for continuation, or waiting for a deeper structural reclaim? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
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#MERL #ShortSetup #MarketStructure #Crypto 🦈 📉