🚨 $MERL
SHORT Setup 🚨
📊 SHORT | Strength: 9/10 | Perp Futures
🎯 Targets:
TP1: $0.06270 (Bollinger MB)
TP2: $0.05547 (Bollinger DN)
TP3: $0.05084 (Weekly pivot support)
🔑 Levels:
Support: $0.06270 (MB) / $0.05547 (DN) / $0.05084 (Pivot)
Resistance: $0.07295 (24h High) / $0.08239 (Weekly R3)
⚡ Trade Setup:
Entry: $0.06950 - $0.07000
Stop-Loss: $0.07400 (5.7% risk)
R/R: 3.2:1 to TP3
Leverage: 3x max (conservative due to volatility)
Position: 2-3%
⚠️ Risk: Strong bullish trend context — price up +83.04% to next resistance according to ProTrendLines . FOMO could extend move. Wait for confirmation below $0.06850.
#Merlinstarter #short #Overbought