$MERL is stalling at resistance after a sharp run 🔥

Entry: 0.0480 - 0.0490

Target: 0.0445 / 0.0415 / 0.0385

Stop Loss: 0.0515

After a +30% impulse, momentum is cooling where sellers usually reload and late longs start locking in gains. If price rejects this zone, liquidity can unwind fast toward the lower bids; if it breaks through, that tells you whales are still pressing for continuation instead of distribution. The next move should reveal whether this is a clean reset or a failed breakout.

Not financial advice. Manage your risk and protect your capital.

#Crypto #Altcoins #Trading #MerlinChain #MarketUpdate ✓

MERL

Alpha

0.034616

-6.96%