Short

Enter at $0.23-$0.25

Updated

Merlin chain has lost all investor and buyer confidence. There exist a couple of issues surrounding the Layer 2 ecosystem. Merlin can, however, provide a good entry point at $0.23 to 0.25 area—a probable long, if all the end-of-May updates are to be taken positively by the community. Also, the entry price is a safety net, considering the linear unlock mechanism designed to release tokens monthly.

NOTE: Not Financial Advice.

Trade closed manually

invalidated . will watch for merlin's capacity to break 0.65 and 0.85. if it breaks upper support then it will have completed the trend reversal and will be bullish .

goldiamsolutions

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