Indicator Analysis:

Price is trading above EMA 30 and EMA 100, which indicates a strong bullish structure and trend continuation. RSI is around 55, showing healthy momentum with room for upside before overbought conditions. MACD is near the zero line and attempting a bullish crossover, suggesting potential continuation of upward movement after consolidation.

$MERL USDT (Perpetual) – Long Signal

MERLUSDT

Perp

0.45616

+1.79%

Trade Price (Entry): 0.4520 – 0.4580

Current Price: 0.4570

Targets:

TP1: 0.4680

TP2: 0.4850

TP3: 0.5050

Stop-Loss (SL): 0.4350

Bias: Bullish continuation as long as price holds above the EMA support zone.