$MERL /USDT is heating up on the 15-minute chart as price trades near 0.4642 after a sharp intraday swing. The market dipped to 0.4456 and quickly rebounded, showing strong buyer interest at lower levels. Price is now holding above all key moving averages with MA(7) at 0.4590, MA(25) at 0.4563, and MA(99) at 0.4555, signaling short-term bullish control. The recent push toward 0.469–0.477 resistance shows momentum is still alive, but sellers are active near the highs. Volume spiked during the rebound, confirming real participation rather than a weak bounce. As long as MERL holds above the 0.455 support zone, the structure favors another attempt toward 0.47+, while a break below could trigger fast volatility back toward 0.45. This is a critical zone where the next strong move is being decided.
MERLUSDT
Perp
0.46553
+3.86%
