🔥
$MERL INSTITUTIONAL INSTITUTIONAL SETUP (🟢 LONG 25x) 🔥
📊 Market Thesis:
Price swept local sell-side liquidity and tapped a high-confluence 1H Fair Value Gap (FVG) + Bullish Orderblock zone (24h Move: -0.3% | Vol: $6.9M) with strong institutional orderflow absorption while
$BTC holds a NEUTRAL structure.
🎯 Trade Execution Plan ($MERLUSDT Perpetual | R:R 1:2.6):
• Direction: LONG (Cross 25x)
• Entry Zone: 0.03115 - 0.03131
• Take Profit 1 (TP1): 0.03213 (+66% ROI)
• Take Profit 2 (TP2): 0.03295 (+131% ROI)
• Take Profit 3 (TP3): 0.03378 (+197% ROI)
• Main Structural Target (TP4): 0.03460 (+263% ROI)
• Stop Loss (Invalidation): 0.03006
💡 Risk Management: Lock in partial profits at TP1 (+20% ROI) / TP2 and trail your Stop Loss into green profit.
🦅 BLACK PHOENIX MARKET RADAR:
Consistent institutional execution & strict risk management on every setup.
🔔 Follow our desk here on Square for real-time TP milestones & daily
$BTC structure updates!
Are you riding this
$MERL move with us or waiting for confirmation? Drop your target below! 👇
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