Recently observing $MERL 's candlestick trend, I am increasingly convinced that: $0.5 is not an ordinary resistance level, but a crucial watershed that determines the short-term trend direction. Once a valid breakthrough and stabilization occur, a new round of upward space will open; conversely, if repeatedly blocked and falling back, it may continue to oscillate or even decline in the short term. 1. Unlocking pressure is about to be released collectively, and the supply side faces a phased test. By mid-December, $MERL
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.
Recently observing $MERL 's candlestick trend, I am increasingly convinced that: $0.5 is not an ordinary resistance level, but a crucial watershed that determines the short-term trend direction. Once a valid breakthrough and stabilization occur, a new round of upward space will open; conversely, if repeatedly blocked and falling back, it may continue to oscillate or even decline in the short term. 1. Unlocking pressure is about to be released collectively, and the supply side faces a phased test. By mid-December, $MERL