2025-12-10 11:28:04

Recently, I have been watching the trend of MERL.

This coin is really stuck at the $0.5 level—tried to break through at least three times, but all failed. Every time it approaches this price range, the trading volume increases, but the buying power just can't sustain it. It's clear that the market is quite hesitant about whether it can break through. The technical resistance is definitely there.

Plus, Bitcoin and Ethereum have been in a correction recently, and the overall market sentiment is quite conservative. In this environment, the difficulty for MERL to break through has increased another layer. In the short term, it may still need to continue consolidating in this range.

MERL4.02%

BTC-2.38%

ETH-4.52%

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LiquidationTherapist

· 12-10 11:57

Breaking the $0.5 barrier is really tough; trying three times in a row didn't work, buyers just can't keep up. MERL has to wait for BTC to stabilize first; right now, everyone is just playing the pullback game with them. Keep grinding; it will be surpassed sooner or later, it's just a matter of time.

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NFTRegretful

· 12-10 11:56

Getting stuck at 0.5 is really annoying, always just a little short. It seems like when Bitcoin drops, MERL is even more patient and doesn't lose its temper at all.

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FarmHopper

· 12-10 11:51

0.5 resistance level is really tough, almost there every time. It's awkward when buying pressure can't keep up.

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ImpermanentPhilosopher

· 12-10 11:46

The $0.5 level is really tough; the three consecutive rebounds all failed. Honestly, the current environment is also not good for Bitcoin. It's indeed difficult for MERL to break out. What now? Do we have to continue waiting for the bottom to form? Forget it, let's wait and see first.

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SpeakWithHatOn

· 12-10 11:44

0.5 Still want to break? I think I'll wait a bit longer, who dares to buy in this market condition? --- Three failed attempts to hit the top have really been a bit hopeless, it feels like it's stuck there. --- BTC and ETH are both falling, why should MERL take off? Still better to wait, brother. --- The most annoying thing is the feeling that buyers can't hold on, indicating a lack of consensus. --- This resistance level is really hard to break through, the technical pattern is just so-so. --- Instead of stressing over MERL, it's better to look at other opportunities, with even less risk. --- Basically, it's a lack of buying power; no one is willing to actively buy in. --- I'm already mentally prepared for continued sideways movement in the short term, not holding out hope.

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