$MERL Long Liquidation Update

A significant long position totaling $18.082K was liquidated at $0.34349, indicating elevated volatility and a potential shift in short-term market direction.

Quick Trade Framework

Entry: Choose an appropriate range once price retests and stabilizes

Targets: TP1 / TP2 / TP3, based on your preferred risk-reward structure

Stop Loss: Position your SL below the nearest structural invalidation zone

Breakout Level: A decisive move above the identified resistance may trigger the next upward continuation

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