deadQuiet
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$MERL – 1H Outlook: Early Recovery With Bullish Momentum Building
Price is showing a steady rebound from the 0.3149 low, forming higher lows while short-term MAs begin to curl upward, hinting at early bullish momentum.
Key Technical Notes
• Price reclaimed MA7 and MA25, signaling improving short-term structure.
• RSI(6–12–24) trending upward, showing rising momentum and demand returning.
• MACD turns positive, confirming shift from weakness to recovery.
• MA99 remains overhead, so upside targets should remain conservative.
—— ✦ ——
🔹 Trading Plan (LONG)
Entry: 0.34 – 0.345
TP1 & TP2: 0.3580 / 0.3680
SL: 0.3320
—— ✦ ——
Technical Outlook
The market is building a bullish pullback structure, with RSI climbing and MACD strengthening, supporting a continuation toward the MA99 zone. As long as price holds above 0.3320, buyers maintain control for a measured recovery push toward the 0.36–0.37 area.
Follow for more setups 🔔
#crypto #altcoins #MERL $PIPPIN $NIGHT
Price is showing a steady rebound from the 0.3149 low, forming higher lows while short-term MAs begin to curl upward, hinting at early bullish momentum.
Key Technical Notes
• Price reclaimed MA7 and MA25, signaling improving short-term structure.
• RSI(6–12–24) trending upward, showing rising momentum and demand returning.
• MACD turns positive, confirming shift from weakness to recovery.
• MA99 remains overhead, so upside targets should remain conservative.
—— ✦ ——
🔹 Trading Plan (LONG)
Entry: 0.34 – 0.345
TP1 & TP2: 0.3580 / 0.3680
SL: 0.3320
—— ✦ ——
Technical Outlook
The market is building a bullish pullback structure, with RSI climbing and MACD strengthening, supporting a continuation toward the MA99 zone. As long as price holds above 0.3320, buyers maintain control for a measured recovery push toward the 0.36–0.37 area.
Follow for more setups 🔔
#crypto #altcoins #MERL $PIPPIN $NIGHT
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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