TV288

MERL - Possible bottom at listing price

Long
BYBIT:MERLUSDT   MERLUSDT SPOT
Merl dropped all the way to its listing price, more than 80% correction as we speak. If you study other assets this often results in a trend shift. I will give this a try with stops just below the daily low and let it ride for a few weeks. I have no idea where this is going to top, but looking at the market cap there is a lot of growth potential.

Stay safe!
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