$MERL Signal: 4H rally then pullback, 1H bears increase volume, waiting for a pullback to go long


$MERL Currently 0.03544, 4H Bollinger upper band at 0.0366 is under pressure and pulling back, 1H MACD histogram value -0.0002 and expanding, buy order depth is imbalanced at -5.7%, sellers have the advantage. Price broke below the 1H midline at 0.0357, rebound is weak.

🎯Direction: Long (waiting for pullback orders)

⚡Entry/Order: 0.03427 - 0.03526, lower limit 0.03427

🛑Stop loss: 0.03399

🚀Target 1: 0.03546

🚀Target 2: 0.03561

🛡️Trade management: After reaching Target 1, reduce position by 50%, move stop loss up to 0.03427 to break even. If price falls back below 0.03427, exit proactively.

The 4H trend has not yet turned bearish, EMA50 support is near 0.0339, a pullback to this level improves risk-reward ratio. Funding rate is neutral at 0.005%, open interest is stable, the market is not panicking yet. If orders are not filled, it’s better to wait and see.

Check real-time market 👇 $MERL
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#WCTC交易王PK #美国寻求战略比特币储备 #比特币ETF期权持仓限额增4倍
MERL7.2%
BTC0.47%
ETH1.1%
SOL0.24%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin