Spotted a bearish divergence forming on MERL's higher timeframe charts. Looking to enter short positions if we get a retest of resistance levels. Risk management is key here.

MERL-1.59%
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LucidSleepwalkervip
· 12-05 19:04
Bearish divergence... I've heard "it will definitely drop" too many times, but then it pumps instead. It's hilarious. In the end, it's all about the mindset.
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AirdropFreedomvip
· 12-05 19:02
Bearish divergence is here again. I've seen this pattern too many times, haha.
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BlockchainWorkervip
· 12-05 18:50
Are they trying to fleece retail investors like us again? I don’t see much opportunity with MERL.
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BoredWatchervip
· 12-05 18:45
Airdrop retail investor, technical analysis die-hard fan, likes to go against the trend in a bull market. I haven’t touched MERL, but judging from your description of the divergence… will it really play out the way you expect? Haha
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