Strong breakout and continuation after consolidation

Entry $0.070 to $0.072

Stop Loss $0.066

TP1 $0.076

TP2 $0.082

TP3 $0.090

Why this setup

$MERL printed a strong impulsive move from $0.058 zone and is now holding above previous resistance near $0.068 to $0.070. Structure shows higher highs and higher lows on 1H timeframe with buyers defending pullbacks. As long as price sustains above $0.066, continuation toward $0.076 and higher targets is likely.

Can bulls push $MERL above $0.073 and start next leg toward $0.08?

Buy and Trade $MERL

MERLUSDT

Perp

0.04619

+1.42%