🟢 MERL / USDT — Support Bounce Long Setup

MERL is showing a technical bounce from a key support zone, with price reacting positively around MA99. Selling pressure is gradually weakening, increasing the probability of a short-term upside continuation if support holds.

📥 Entry Zone:

👉 0.40 – 0.405

🎯 Take-Profit Targets:

• TP1: 0.425

• TP2: 0.455

• TP3: 0.485

🛑 Stop-Loss: 0.375 (strict risk control)

💡 Setup Logic:

MA99 acting as dynamic support + reduced sell pressure suggests buyers are stepping in.

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$MERL

MERLUSDT

Perp

0.40151

-1.85%