$MERL – Heavy Short Liquidation, Momentum Building 🚀

A strong $24K short wipe at $0.394 signals aggressive buying pressure. This level is now a critical pivot zone.

Support: $0.365 – $0.375

Resistance: $0.42 / $0.46

Target 🎯: $0.42 ➝ $0.46 ➝ $0.52

Stop-Loss: Below $0.355

📈 Bias: Breakout play above $0.40.

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