$MERL Light pullback – continuation of the uptrend

Long

🎯 Entry

• Nice entry range: 0.404 – 0.407

• Wait for the price to retrace to EMA(7) or EMA(25) before entering

• If FOMO, can enter lightly around 0.408

🛑 Stop Loss

• SL: 0.398

• Below the nearest low + below EMA(25)

• SL ~2.5–3% → safe for the 15m timeframe

🎯 Take Profit

• TP1: 0.417 (nearest peak)

• TP2: 0.425

• TP3 (if strong break): 0.430

MERLUSDT

Perp

0.43673

+17.24%