$MERL (1h) - Bullish Reversal Setup


Bias: Long
Entry (Zone): 0.0362 - 0.0368
Targets:
TP1: 0.0382
TP2: 0.0400
TP3: 0.0425
Stop Loss: 0.0348
Why this Setup:
I’m looking for continuation after the sharp rebound from the 0.0340 area, with price reclaiming the mid-range and holding above local support. I want a dip into the 0.0362 - 0.0368 zone for a cleaner long, then I’ll target the prior swing high and the next resistance levels if momentum follows through.

#GateSquareMayTradingShare
MERL-7.66%
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