$MERL Ready for the Next Leg Up

$MERL holds strong above $0.40, showing solid buyer pressure and clean momentum for another breakout attempt. A push above $0.422 could ignite the next rally phase.

Entry: 0.404 – 0.410

TP1: 0.422

TP2: 0.435

TP3: 0.450

SL: 0.380

Market’s heating up — momentum looks fresh for continuation if bulls maintain control.