$MERL — Shorts Squeezed Cleanly
Liquidation Event
Short liquidation around 0.41144, signaling sellers lost control.
Current Price Zone
Holding above liquidation area showing acceptance.
Key Support
0.398 to 0.402
Strong pullback zone.
Key Resistance
0.425 then 0.448
Break opens continuation.
Market Insight
MERL absorbed selling pressure without panic. Shorts provided fuel and price respected structure.
Sentiment
Bullish recovery bias.
MERLUSDT
Perp
0.44171
+18.47%