$MERL Futures Long Signal
Entry Zone: 0.44500 – 0.45200
Take-Profit 1: 0.46500
Take-Profit 2: 0.48000
Take-Profit 3: 0.49800
Stop-Loss: 0.43200
Leverage (Suggested): 3–5x
Rationale:
#MERL remains in a strong bullish structure after the impulsive move from the 0.37 region and is consolidating above the rising short-term moving averages. Buyers continue to defend the 0.445–0.450 zone, indicating healthy continuation behavior. As long as price holds above this demand area, upside expansion toward the previous high and higher liquidity levels remains likely.
Risk-Management Note:
A clean break below 0.432 would invalidate the higher-low structure and signal a shift toward short-term weakness; risk should be reduced if momentum stalls near resistance.
