$MERL Breakout Surge Bulls Gaining Speed
MERLUSDT
Perp
0.05657
+12.30%
$MERL is showing strong bullish momentum on the 15M chart after a sharp breakout from consolidation. Price is holding above the 0.052 support zone, and as long as this level remains intact, further upside continuation is likely.
Trade Setup
Entry: 0.0518 – 0.0522
Target 1: 0.0535
Target 2: 0.0550
Stop Loss: 0.0509