Binance fam… $MERL is showing a clean stabilization after that strong upside run. Price pulled back, formed a base, and is now holding firmly above the previous breakout zone. This type of tight consolidation after a +15% move often indicates that buyers are still in control and preparing for another push higher—as long as support doesn’t break.

Trade Setup:

Entry Zone: 0.408 – 0.413

TP1: 0.422

TP2: 0.430

TP3: 0.445

Stop-Loss: 0.399

If price continues to hold this range, momentum favors another bullish continuation leg.

#MarketUpdate #MERL