MERL continues to show constructive price behavior, maintaining strength as it pushes higher with consistent momentum. Recent movements have highlighted increasing interest, supported by rising volume and a clearly developing trend structure.
The market has been forming solid higher-lows, indicating that buyers remain in control and the broader trend direction is intact. Anyone who positioned early has seen the benefit of this steady upward progression, with MERL continuing to display resilience across key levels.
As long as current conditions hold, MERL’s outlook remains positive, and the market will be watching closely for the next potential expansion phase.
Momentum is active, structure is healthy, and MERL continues to show promise as it moves forward. #WriteToEarnUpgrade
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