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$MERL Signal】Pullback to go long, 1H level funds clearly support the bottom
$MERL 1H level surge and pullback, price retraces near the middle Bollinger band at 0.0406. The 4H MACD fast and slow lines form a golden cross and then narrow, but the histogram remains positive, indicating bullish momentum has not yet exhausted. The order book depth shows buy orders are 51% thicker than sell orders, revealing the intention of funds to support the price.
🎯Direction: Pullback to buy
⚡Entry: Buy in stages within the 0.03808 - 0.04092 range
🛑Stop loss: 0.03393
🚀Target 1: 0.04637
🚀Target