🔮 $MERL Is Climbing Step by Step — And Momentum Still Looks Controlled $MERL started the session quietly near the 0.034 area, but the structure changed once buyers began stacking higher lows and reclaiming momentum candle by candle. Instead of one oversized breakout, this move developed gradually — which often creates a more stable trend environment. The push toward 0.0368 came with solid continuation and clean support from the short-term moving averages. Even after touching the local high, the pullback remained relatively shallow, which suggests sellers still haven’t gained strong control over the structure. What I find interesting here is the rhythm of the chart. Every small dip is being absorbed instead of turning into panic selling, and that usually keeps bullish continuation scenarios active. As long as MERL stays above the 0.0360–0.0361 area, buyers still have room to defend the trend and attempt another move higher. At the same time, the market is approaching a zone where short-term traders may start locking profits after the recent climb. If momentum slows further, a sideways cooling phase wouldn’t be surprising before the next expansion attempt. Right now, this doesn’t look like a random spike chasing liquidity — it looks more like a market slowly building confidence through structure. ⚡ Healthy trends often move in waves, not in straight lines. ⚠️ Personal analysis only. Not financial advice. DYOR.