🚨 $MERL just woke up — and most traders are still looking at the old chart.
🟢 LONG $MERL
Entry: $0.07020 - $0.07040
SL: $0.06050
TP1: $0.07200
TP2: $0.07500
TP3: $0.07800
Price has broken out with conviction, pushing +15.53% and holding above EMA(20) at $0.07190. The structure shows higher lows forming after the clean rejection from the 24h low ($0.06059). Order flow tells the real story: 60.96% bid pressure — strong accumulation at this breakout level.
Invalidation is a daily close back below the recent swing low at $0.06050, which would signal a false breakout.
Are you chasing this momentum or waiting for a pullback to enter?