$MERL is exhibiting aggressive bullish momentum as it breaks through key local resistance levels.
The price action shows a clear stair-step structure with buyers maintaining absolute control over the current trend.
Trade setup:
Entry: 0.04747
Target: 0.05500
Stop Loss: 0.04200
The current move is fueled by a massive liquidity sweep at the lower range followed by a rapid impulse. Market structure remains firmly bullish as the price holds above the recent breakout zone with strong volume confirmation.
Let’s go and Trade now $MERL
MERL
Alpha
0.037251
-7.99%