$MERL went through a tough downside attack that cleared $5.3728K in long liquidations at $0.36115. The sell pressure hit suddenly, pushing the chart straight into the lower zone and knocking out every overleveraged buyer in the path. It’s the kind of flush that resets the market and exposes the real strength underneath. The price action remains volatile but watchful for recovery.

EP: $0.36000

TP: $0.37900

SL: $0.34850

$MERL ends.

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MERLUSDT

Perp

0.366

+1.74%