Guys $MERL USDT is showing explosive intraday strength, up nearly 18 percent with strong bullish momentum on the 15m chart. Price pushed aggressively from 0.0613 to 0.0729, then entered a healthy consolidation phase just below resistance. Buyers are still defending dips, which keeps the structure positive.
Momentum Insight
The impulsive rally followed by tight candles signals accumulation, not panic selling. As long as price holds above the breakout zone, bulls remain in control.
Support Levels
0.0660 strong short term demand
0.0635 key structural base
Resistance Levels
0.0710 immediate barrier
0.0729 recent high
0.0750 breakout extension zone
Trade Setup
Entry
0.0675 to 0.0685 on minor pullbacks
Targets
TG1 0.0710
TG2 0.0730
TG3 0.0750
Stop Loss
0.0648
This is a momentum continuation play. If buyers reclaim 0.0710 with volume, expect another sharp expansion. Stay disciplined and let the trend work in your favor.
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MERLUSDT
Διην.
0.05572
-13.46%