โ ๏ธ $MERL alert โ short pullback setup forming! ๐
Price is up +1.18% but clearly exhausted at resistance 0.4819 โ perfect for a tactical short.
๐ด Short Plan
๐ข Entry: 0.450 โ 0.455
โ SL: 0.465
๐ฏ TP1: 0.440
๐ฏ TP2: 0.430
๐ฏ TP3: 0.420
โ ๏ธ Risk Notes:
โข High volatility โ meme/AI coin, beware sudden short squeezes โก
โข Strong correlation with AI coins โ could spike if $GROK or others pump
โข Volume still elevated at 77.5M โ fake breakdown possible
โข Use 1โ2% capital, take partial profits to manage risk


MERLUSDT
Perp
0.02845
-7.83%
#CryptoShort #PullbackTrade #AltcoinSetup #BinanceSquare #RiskManagement