$MERL — Pulled back after the pump, but structure is still intact.
Long $MERL
Entry: 0.04265 – 0.04277
SL: 0.04000
TP1: 0.04497
TP2: 0.04700
TP3: 0.05000
Price dipped from the 0.04497 high but isn't breaking down — it's sitting right above the mark price, holding structure. The 7-day trend is still 78% up, and buyers keep stepping in on every dip. Order book shows 56% bid pressure. When a strong trending asset consolidates near highs instead of dumping, it's usually loading up for the next le...