$MERL is breaking out of its shell. The long-term pressure is finally lifting.

$MERL LONG

Entry: 0.052 – 0.053

SL: 0.049

TP1: 0.0566

TP2: 0.0629

Successfully cleared the descending channel and is now using the previous resistance as a new floor. Seeing a solid retest of a bullish order block, where buyers are clearly stepping in to prevent a deeper slide. With market structure shifting and a cluster of liquidity sitting above the recent highs, the path is open for a sustained move toward the upper targets.

Trade $MERL

MERLBSC
MERLUSDT
0.05283
-1.14%