$MERL market structure setup (Long)

$MERL Long — Range-bound structure

Grade signal: 🏠 Home Run

Entry: 0.034245 - 0.03518

Targets:

🎯 TP1: 0.03645 (+5.01%)

🎯 TP2: 0.037721 (+8.67%)

🎯 TP3: 0.039291 (+13.19%)

❌ Invalidation: Below 0.032875

Funding at +0.00003 suggests imbalanced leveraged positioning. The 4h OI tape is notable at +5.73% change. Volume pressure remains strong around 1.03x normal.

Tap the chart below to take this trade 📊 #merl #technicalanalysis

MERLUSDT

Trvl

0.03671

+6.00%