$MERL Futures Long Signal
Entry Zone: 0.40200 – 0.40800
Take-Profit 1: 0.41500
Take-Profit 2: 0.42300
Take-Profit 3: 0.43200
Stop-Loss: 0.39200
Leverage (Suggested): 3–5x
Rationale:
#MERL rebounded strongly from the 0.35 region and is now consolidating above the short-term MA cluster. Buyers have consistently defended the 0.40 support zone, indicating accumulation after the impulsive move to 0.43. As long as price holds above 0.402, continuation toward the previous high and liquidity above 0.42 remains favorable.
Risk-Management Note:
A clean break below 0.392 would invalidate the bullish structure and signal loss of short-term buyer control.
