$MERL Signal】Long | Volume and Price Rise Together Breakout



$MERL Price surged strongly with a 10.97% increase, trading volume expanded significantly to 46.68M, and open interest rose to 122 million. The chart shows main capital inflow driving the move, rather than purely short covering, indicating a healthy breakout signal.

🎯 Direction: Long

🎯 Entry: 0.0535 - 0.0550

🛑 Stop Loss: 0.0510 ( Rigid Stop Loss )

🚀 Target 1: 0.0600

🚀 Target 2: 0.0650

The price broke through a key resistance level amid volume expansion, and the increase in open interest confirmed the establishment of new long positions. This volume and price behavior indicates strong buying absorption, and the selling pressure above has been effectively digested. As long as the price remains above the breakout zone for consolidation, the probability of continued upward movement will significantly increase. Small losses, big gains—profit from probabilities.

Trade here 👇 $MERL

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MERL-1,37%
BTC-1,53%
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