$MERL – Strong Breakout & Continuation After Consolidation 🚀📈
$MERL just printed a strong impulsive move from the **$0.058** zone and is now holding cleanly above previous resistance between $0.068 – $0.070. The structure is bullish, with higher highs and higher lows forming on the 1H timeframe — buyers are actively defending pullbacks.
📊 Trade Setup – Long
· 📍 Entry Zone: 0.070 – 0.072
· 🛑 Stop Loss: 0.066
· 🎯 Take-Profit Targets:
· TP1: 0.076
· TP2: 0.082
· TP3: 0.090
Why This Setup Works:
✅ Strong impulsive move off support
✅ Holding above previous resistance — structure flipped
✅ Higher highs + higher lows on 1H = trend confirmation
✅ Buyers stepping in on pullbacks — demand active
✅ Defined risk with stop below recent structure
Key Level to Watch:
As long as price sustains above 0.066, continuation toward 0.076 and higher targets remains likely.
💬 The Question:
Can bulls push merl above 0.073 and spark the next leg toward 0.08 and beyond?
👉 [Buy and Trade $MERL Here]
#merl #MERLUSDT #OpenClawFounderJoinsOpenAI #MarketRebound #HarvardAddsETHExposure
