$MERL is showing strong accumulation near the 0.32$–0.34$ support zone, forming a solid base for the next bullish leg. Price structure and volume both indicate that buyers are gradually preparing for a breakout toward 0.45$.

Trade Setup:

Entry Range: 0.33$ – 0.34$

Target 1: 0.38$

Target 2: 0.42$

Target 3: 0.45$

Stop Loss (SL): 0.31$