🔴 Plan Short $MERL

Entry: 0.405 – 0.410

SL: 0.420

TP1: 0.390

TP2: 0.378

Technical analysis ⚡

$MERL strong pump but hit resistance 0.43 failed, RSI 58 near overbought, MACD -0.00197 negative with DIF 0.00882 diverging, red histogram → seller momentum is returning.

Holding below 0.405 makes it easy to drop to 0.390-0.370. Invalid if candle closes above 0.420.

MERLBSC
MERLUSDT
0.40863
+11.88%