🚨 $MERL

MERLBSC
MERL
0.066855
+11.78%

SHORT Setup 🚨

📊 SHORT | Strength: 9/10 | Perp Futures

🎯 Targets:

TP1: $0.06270 (Bollinger MB)

TP2: $0.05547 (Bollinger DN)

TP3: $0.05084 (Weekly pivot support)

🔑 Levels:

Support: $0.06270 (MB) / $0.05547 (DN) / $0.05084 (Pivot)

Resistance: $0.07295 (24h High) / $0.08239 (Weekly R3)

⚡ Trade Setup:

Entry: $0.06950 - $0.07000

Stop-Loss: $0.07400 (5.7% risk)

R/R: 3.2:1 to TP3

Leverage: 3x max (conservative due to volatility)

Position: 2-3%

⚠️ Risk: Strong bullish trend context — price up +83.04% to next resistance according to ProTrendLines . FOMO could extend move. Wait for confirmation below $0.06850.

#Merlinstarter #short #Overbought