Whales don't move millions off exchanges for no reason, and that's exactly what's been happening with MERL over the past week while price sat quietly near its lows. Now it's finally showing up on the chart, a clean breakout candle with volume tripling the recent average, right as the network heads toward a Proof-of-Stake upgrade.
LONG $MERL
📍 Entry: 0.01900
🎯 Take Profit: 0.02052
🛑 Stop Loss: 0.01759
Exchange outflows tend to show up in price eventually. This might be that moment catching up.
$MERL