2025-12-25 11:21:28

Recently, MERL's performance has been quite eye-catching, with the price quickly surging to 0.44 USDT. The increase is indeed impressive, and its market cap ranking is also moving upward. But upon closer inspection of the market structure, it feels like things are not that simple—this seems more like a rebound in a weak market, used to attract follow-up investors, rather than a genuine trend reversal.

Trading volume is the most truthful indicator. The price can push so high, yet the volume lags behind, which is a typical sign of low liquidity environments: small funds can drive the price up rapidly, market sentiment is amplified infinitely, looking aggressive but actually 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MERL5.29%

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MEVHunterX

· 4h ago

Trading volume is so sluggish, no matter how sharply the price rises, it's just a paper tiger. Retail investors are about to be buried again. This wave of MERL is indeed a trap. If it can't break 0.44, don't chase it. Wait until it drops back to 0.38. The weak rebound has fooled many people. Shorting this wave is the right way; the technical indicators all point to a decline. The prelude to distribution has arrived. Those who buy at high levels, just wait and see. I remain bearish to the end. The institution's moves are really slick. With low liquidity, it pushes and drops just like that. Retail investors are the perfect bagholders. The bearish trend hasn't changed. The rebound is ultimately just a rebound. Don't believe it? Watch whether 0.45 breaks or not. This kind of market is the most annoying. When it rises sharply, it falls even more fiercely. It's safest to follow the trend and short. Trading volume can't come in, the price is fake. Continue to watch the target level of 0.38. MERL's routine is old news. Another wave of accumulation and rebound. Don't expect me to be bullish before 0.5.

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ser_we_are_ngmi

· 4h ago

Trading volume can't be fooled; this rebound is just a false boost, waiting for institutions to distribute.

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OnchainHolmes

· 4h ago

The trading volume doesn't follow the price; I've seen this trick too many times. Retail investors are about to become the bagholders again.

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FrontRunFighter

· 4h ago

ngl this volume action screams manipulation... institutions always pull this move right before the dump. low liquidity dark pool activity written all over it fr

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