$📈 **MERL/USDT Scalping Setup (1-Min Timeframe)**
Just entered a long position on MERLUSDT based on a confluence of signals:
✅ **Entry**: 0.12086
🎯 **Take Profit**: 0.12230
🛡️ **Stop Loss**: 0.12024
📊 **Risk-Reward Ratio**: 2.4:1
🔍 **Why I Took the Trade**:
* Price is respecting a clean **ascending trendline**.
* Entered near a **higher low** with trendline support.
* Waiting for a **bullish breakout** above the 7 EMA.
* **MACD** is showing signs of a potential crossover.
* **Volume is low**, but watching for a spike to confirm breakout.
⏱️ Quick scalp, but all decisions based on structure, momentum, and risk management. Win or lose, it’s all about executing the plan 📚
Let me know what you think
#scalping #priceaction #BinanceSquareFamily #cryptotrading #RiskManagementMatters
Just entered a long position on MERLUSDT based on a confluence of signals:
✅ **Entry**: 0.12086
🎯 **Take Profit**: 0.12230
🛡️ **Stop Loss**: 0.12024
📊 **Risk-Reward Ratio**: 2.4:1
🔍 **Why I Took the Trade**:
* Price is respecting a clean **ascending trendline**.
* Entered near a **higher low** with trendline support.
* Waiting for a **bullish breakout** above the 7 EMA.
* **MACD** is showing signs of a potential crossover.
* **Volume is low**, but watching for a spike to confirm breakout.
⏱️ Quick scalp, but all decisions based on structure, momentum, and risk management. Win or lose, it’s all about executing the plan 📚
Let me know what you think
#scalping #priceaction #BinanceSquareFamily #cryptotrading #RiskManagementMatters