$MERL faces technical pressure, making a rebound more difficult
In recent weeks, the price of
$MERL has repeatedly tested the key $0.5 zone, but has failed to break through each time. This repeated pattern indicates that a clear structural resistance has formed at this level, creating significant technical pressure on the market. On three occasions when the price attempted to breach $0.5, trading volume increased, but buying momentum failed to sustain, revealing cautious sentiment from active market participants at this price point.
Over the past few weeks,
$MERL has tested the $0.5 price r