$MERL – Sharp sell-off into 0.055 support, early bounce forming, recovery attempt building.

Long #MERL

Entry: 0.0555 – 0.0580

SL: 0.0535

TP1: 0.0605

TP2: 0.0635

TP3: 0.0670

Price reacted from 0.055 zone after strong downside pressure and buyers are stepping in with short-term momentum shift. Structure is attempting to base above support. As long as 0.0535 holds, continuation higher remains likely.

Trade $MERL here 👇

MERLUSDT

Perp

0.03772

+2.13%