$MERL - Confirming a Downtrend on H4 📉

Short MERL

Entry: 0.457 - 0.461

SL: 0.475

TP: 0.43 - 0.41 - 0.39

MERL on the H4 timeframe has given a bearish signal, with a pinbar candlestick closing with a long wick. Selling pressure is very strong, overwhelming the bulls.

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$MERL

MERLBSC
MERLUSDT
0.41983
-7.41%

$FOLKS

FOLKSBSC
FOLKSUSDT
15.28
-40.43%