$MERL โ Short update
The $MERL short is starting to move in the expected direction after rejecting the resistance zone. ๐
Momentum on the upside has weakened, and price is showing signs of continuation to the downside. If this pressure holds, we can see a move toward the lower TP levels.
If youโre in the trade, you can consider securing partial profits here or trailing your stop-loss to lock in gains while letting the rest run.
#MERL #CryptoTrading #ShortTrade #PriceAction #TradingPlan
The $MERL short is starting to move in the expected direction after rejecting the resistance zone. ๐
Momentum on the upside has weakened, and price is showing signs of continuation to the downside. If this pressure holds, we can see a move toward the lower TP levels.
If youโre in the trade, you can consider securing partial profits here or trailing your stop-loss to lock in gains while letting the rest run.
#MERL #CryptoTrading #ShortTrade #PriceAction #TradingPlan