$MERL Recent price performance has already provided clear signals.
In the past few weeks, three consecutive attempts to break through $0.5 have been met with selling pressure and pushed back, establishing a structural resistance.
Each time the price approaches higher levels, trading volume increases, but buying momentum lacks continuity, and active funds are noticeably more cautious.
Moreover, the short-term pullback of BTC and ETH has shifted market sentiment towards caution, and MERL lacks the momentum to continue upward before key resistance levels.
On-chain data also shows that many addre
View OriginalIn the past few weeks, three consecutive attempts to break through $0.5 have been met with selling pressure and pushed back, establishing a structural resistance.
Each time the price approaches higher levels, trading volume increases, but buying momentum lacks continuity, and active funds are noticeably more cautious.
Moreover, the short-term pullback of BTC and ETH has shifted market sentiment towards caution, and MERL lacks the momentum to continue upward before key resistance levels.
On-chain data also shows that many addre





