MERL/USDT LONG TRADE SETUP
$MERL is trading at 0.40745, consolidating after a surge that topped out at the 0.43000 24h high. The underlying trend from the 0.35000 low remains bullish, suggesting this consolidation is merely a pause before the next move up. The price is holding strong above the main psychological support of 0.40.
Target Points
TP1: 0.41500
TP2: 0.42300
TP3: 0.43500 (Targeting a breakout)
Stop Loss
Set stop loss below 0.39800 to protect against a drop below the 0.40 support.
Buy and Trade here on $MERL
MERL
Alpha
0.4042
+10.95%
