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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.