📌 $MERL
MERLUSDT
Perp
0.10609
-11.81%
Top Loser Technical Analysis
🧠 Key Levels:
Support: S1: ~$0.1156 | S2: ~$0.1034 | S3: ~$0.0789
Resistance: R1: ~$0.1523 | R2: ~$0.1768 | R3: ~$0.1890
📉 Market Context:
$MERL/USDT is currently among top losers, facing strong selling pressure. Price is trading below major moving averages, confirming a bearish trend.
📊 Trend & Momentum:
• Bearish trend — below MA20, MA50, MA100.
• RSI oversold — potential for short-term bounce, but momentum remains bearish.
📈 Short-Term Outlook:
• Breaking R1 (~0.1523) → temporary recovery possible.
• Holding above S1 (~0.1156) → short-term support.
• Breaking below S2 (~0.1034) → bearish continuation likely.
⚠️ Note:
High volatility — always DYOR. Not financial advice.