🚀 $MERL /USDT Potential Setup
$MERL is currently trading around $0.0619, holding near a strong support zone after a recent pullback.
📉 The downtrend appears to be slowing with signs of base formation.
📊 Previous major high was around $0.26.
📈 With proper market confirmation, a strong recovery move could follow.
🔑 Key Levels to Watch
• Support: $0.058 – $0.062
• Resistance: $0.07 → $0.10 → $0.14
• Mid/Long-term Target Zone: $0.20 – $0.26
⚠️ Risk Management Matters
✔️ Consider partial entries
✔️ Use proper stop-loss
✔️ Avoid FOMO and over-leverage
💡 This is not financial advice. Always do your own research (DYOR).