🔥 $MERL
Is Up 13%....Can Buyers Push Beyond $0.02988?
$MERL is trading near $0.02956, up 13.00% in 24 hours, and approaching its $0.02988 resistance after a strong upward move. Buyers are showing momentum, but the next resistance could be a key test. 📊
A confirmed breakout above $0.02988 could open the way toward $0.03048. If momentum fades, the $0.02914 area is worth watching, followed by support near $0.02755 and $0.02466. 🤝💎
RSI(6) is above 91, signaling an overheated short-term move. A pullback is possible, so watch for a confirmed candle close and sustained volume before assuming the rally will continue. 🚀Dyor
Is Up 13%....Can Buyers Push Beyond $0.02988?
$MERL is trading near $0.02956, up 13.00% in 24 hours, and approaching its $0.02988 resistance after a strong upward move. Buyers are showing momentum, but the next resistance could be a key test. 📊
A confirmed breakout above $0.02988 could open the way toward $0.03048. If momentum fades, the $0.02914 area is worth watching, followed by support near $0.02755 and $0.02466. 🤝💎
RSI(6) is above 91, signaling an overheated short-term move. A pullback is possible, so watch for a confirmed candle close and sustained volume before assuming the rally will continue. 🚀Dyor