When Bitcoin sleeps, its Layer 2 ecosystem wakes up!
Merlin Chain $MERL is quietly climbing the ranks tonight, up +7% at $0.431. While the rest of the market is fearful, $MERL is seeing consistent buying volume of $30 Million. 📊
MERLUSDT
Διην.
0.42913
+1.25%
The chart structure is painting a Bottom Reversal. We have reclaimed the $0.42 support level. With Bitcoin consolidating at $86k, traders are looking for high beta plays within the Bitcoin ecosystem. Merlin Chain is the obvious choice. We are positioning for a move to $0.50. 🧙♂️🚀