⚡️ $MERL Correction Bounce! ⚡️
$MERL After an aggressive rally and a sharp correction, the price is now finding support at a previous consolidation level. A bounce from this key zone suggests that buyers are re-entering, potentially starting a recovery wave.
Support: 0.1835 | 0.1635
Resistance: 0.2049 | 0.2416
Trade Idea: LONG 🟢
entry between $0.1700 | $0.1800
$MERL Targets: 0.2000 | 0.2150 | 0.2400
🛡️Stop Loss: 0.1780