📉 BEARISH DRIFT: $MERL SLIDES INTO THE VOID 📉
👇 CLICK ON $MERL TO SHORT THE WEAKNESS
⚠️ SNIPER DIAGNOSIS:
No Support in Sight.
MERL is trading heavily below the algorithmic trend line. The buyers have completely stepped away.
Distance form Trend: The EMA 200 (dashed line) is way up at 0.21622. The current price is lagging at 0.21141, showing a complete lack of buying pressure.
Momentum Dead: Look at the RSI. It is sitting at 39.82 with a red "Bear" tag. This low value indicates that bears are in control and pushing for a new floor.
📉 SNIPER DATA ($MERL):
🔴 DIRECTION: SHORT (Sell the Drift).
🧱 ENTRY ZONE: 0.21100 - 0.21200 (Enter the consolidation).
🎯 OFFICIAL TARGETS:
✅ TP1: 0.20658 (First Support Shelf).
✅ TP2: 0.20400 (Mid-Range Breakdown).
🚀 TARGET: 0.19900 (The Basement / Psychology Level).
🛑 STOP LOSS:
SL: 0.24013
THE SNIPER REPORT:
Gravity: The chart shows a "waterfall" structure. The price drops, pauses, and drops again. We are currently in the "pause" before the next leg down to TP1.
The Magnet: The final target line at 0.19900 is calling. Without a reclaim of the EMA, the drift will continue until we hit that floor.
👇 Riding the slide? Click on $MERL
#merl #CapitalFlow