$MERL BREAKING OUT OF CONSOLIDATION WITH STRONG VOLUME 🎯
Entry: 0.01880 - 0.01900 🔥
Target: 0.01960 🚀
Stop Loss: 0.01780 ⚠️
MERL just cleared its 1H range with a clean breakout and the bid side is stepping in aggressively. Volume spiked nearly 40% above the 24H average on that push, and the momentum structure looks similar to what we saw before the last 15% leg.
A small pullback into that entry zone would tighten the risk and set up a solid 1:2 risk-to-reward if it holds. Are you buying the breakout or waiting for the retest?
Not financial advice. Always manage your risk.
#MERL #Breakout #LongSetup #Crypto #Trading
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Entry: 0.01880 - 0.01900 🔥
Target: 0.01960 🚀
Stop Loss: 0.01780 ⚠️
MERL just cleared its 1H range with a clean breakout and the bid side is stepping in aggressively. Volume spiked nearly 40% above the 24H average on that push, and the momentum structure looks similar to what we saw before the last 15% leg.
A small pullback into that entry zone would tighten the risk and set up a solid 1:2 risk-to-reward if it holds. Are you buying the breakout or waiting for the retest?
Not financial advice. Always manage your risk.
#MERL #Breakout #LongSetup #Crypto #Trading
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