Fam! $MERL USDT is forming a clean higher high – higher low structure after bouncing from the 0.045 zone. Price is now pushing back into the 0.070 resistance area.

Momentum is bullish short term, but 0.071–0.074 is a supply zone where sellers reacted before. A clean break above that with volume can open continuation.

Entry: 0.0670 – 0.0700

MERLUSDT

Perp

0.05385

-1.15%

Stop Loss: 0.0620

TP1: 0.0740

TP2: 0.0780

TP3: 0.0850

As long as price holds above 0.064, buyers stay in control. Break and hold above 0.075 can accelerate the next leg up.

#MERL #MarketRebound #TradeCryptosOnX #CPIWatch #TrumpCanadaTariffsOverturned