$MERL /USDT Perpetual
Current Price: 0.07188 (+27.58%)
Market Structure: Gradual upward move with tightening volatility, often signaling a potential breakout.$MERL
Support Levels: 0.06800 — if broken, the bullish setup weakens.$MERL
Resistance Levels: 0.07500, then 0.08000.
Recommended Entry: Around 0.07000 for optimal risk-reward. Place tight stop-loss below 0.06600.
Targets: 0.07450, 0.07800, 0.08400.
Additional Insight: On-chain wallet data shows accumulation at these levels, indicating alignment with smart money positioning.
#merl #USNFPBlowout