Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
MERL has shown many highlights in recent trading cycles. From the market perspective, the 15-minute timeframe has already stabilized after a decline and is beginning to gradually rise. More notably, the daily chart pattern has shifted from a bearish candle to a bullish candle, which often indicates that buying strength is gradually accumulating.
These technical changes have indeed attracted a lot of attention. Considering recent performance, there is a certain opportunity to go long around the 0.25483 range. If choosing to participate, you can set the stop loss below 0.24 as a risk control point.
Regarding targets, first, focus on the previous high of 0.267 as the first profit zone; secondly, 0.295 is also worth noting; finally, 0.326 is a more distant target. Once these key levels are broken, there may be room for continuation, and the specific situation should be flexibly adjusted based on the actual market trend.
I'm optimistic, but can the 0.24 level really hold? It feels like the risk isn't that simple.
Keep an eye on 0.267 first, but speaking of which, whether this level can be broken still depends on whether the funds are willing to buy in.