๐ด $MERL BEARISH SHORT SETUP ๐ด
โ ๏ธ Strong sell-off continuation after EMA breakdown (1H) โ ๏ธ
๐ Bearish Info:
Sharp rejection from previous resistance
Price trading well below EMA(7), EMA(25), EMA(99)
Sellers fully in control, no recovery signs
๐ SHORT ENTRY ZONE: 0.0820 โ 0.0832
๐ STOP LOSS: 0.0875
๐ฏ TAKE PROFITS:
TP1: 0.0800
TP2: 0.0775
TP3: 0.0740
๐ Why take this trade?
Strong lower high & lower low structure
EMA cluster acting as heavy resistance
Continuous bearish candles (trend momentum)
Weak buying pressure on pullbacks
Liquidity resting below recent lows
๐๐๐ Click below and SHORT now ๐๐๐
#MERL #CryptoTrading #ShortSetupb #BinanceFutures #Altcoins