$MERL looks like a liquidity trap, not a clean breakout 🐋

Entry: 0.0266 🔻

Target: 0.0254 📉

Stop Loss: 0.0278 🛑

Whales trimmed longs by 39% while price was still green, and that’s usually a sign the move is being sold into, not accumulated. The push through 0.0274–0.0278 failed, MACD is weakening, and if 0.0258 starts to crack, late buyers could turn into exit liquidity fast. That’s the kind of tape where patience usually pays.

Not financial advice. Manage your risk and protect your capital.

#MERL #Crypto #Altcoins #Trading

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MERL

Alpha

0.038344

+2.68%