$MERL Bullish Reversal in Progress
MERL is showing early signs of recovery after a strong downtrend, forming a solid base near the $0.029 zone. The recent bounce with higher lows suggests buyers are stepping back in and momentum is slowly shifting toward the upside.
Key bullish signals:
Clear bottom formation with higher low structure and gradual strength building after accumulation phase.
Immediate upside targets:
$0.0340 (next resistance zone)
$0.0370 – $0.0400 zone (trend recovery area)
$0.0420+ if momentum continues strong 🔥
Click below to Take Trade
MERL is showing early signs of recovery after a strong downtrend, forming a solid base near the $0.029 zone. The recent bounce with higher lows suggests buyers are stepping back in and momentum is slowly shifting toward the upside.
Key bullish signals:
Clear bottom formation with higher low structure and gradual strength building after accumulation phase.
Immediate upside targets:
$0.0340 (next resistance zone)
$0.0370 – $0.0400 zone (trend recovery area)
$0.0420+ if momentum continues strong 🔥
Click below to Take Trade