2025-12-09 07:30:42

I've been watching the MERL token lately, and it's been pretty frustrating. The 0.5 mark has been tested several times, but it just can't break through. Every time it gets close, it gets pushed back down—it's obvious there's a lot of trapped positions and selling pressure above.

What's even trickier is that the December unlock is just around the corner, so market sentiment is definitely leaning cautious right now. This current small rebound, to be honest, feels more like a window for people to adjust their positions. To really break through 0.5, we'll probably have to wait until after the unlock, once the tokens have changed hands a bit more.

MERL19.56%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

16 Likes

Reward
16
6
Repost
Share

Comment

0/400

just_another_wallet

· 12-12 07:30

0.5 is really a dead end, every time just a little short and gets pushed back, it's so frustrating to watch.

View OriginalReply0

RebaseVictim

· 12-11 10:07

0.5 is a trap. Every time, just a little more and it gets hammered back by Iron Blood. Truly incredible.

View OriginalReply0

StablecoinGuardian

· 12-09 07:59

This 0.5 barrier is really hard to break through, every time it drops down like a crash. If the December unlock causes it to break below, that would be true despair... We'll have to wait for the chips to settle.

View OriginalReply0

rugpull_survivor