2026-01-18 14:25:47

MERL is currently experiencing a volume breakout and, combined with high open interest, this is clearly not an ordinary pullback but a typical bullish liquidation and stampede signal.

From a technical perspective, MERL has recently fallen by -10%, and the accompanying massive trading volume indicates that the downward momentum is driven by position liquidations. Signs of buy-side absorption in the market have basically disappeared, and any rebound appears very fragile. The high open interest contracts act like downward fuel, continuously pushing prices lower.

**Trading Strategy**:
📍 Entry zone: 0.210 - 0.215 (Short)
🛑 Stop-loss: 0.230 (Rigid stop-loss, invalidates the structure if broken)
🎯 Target 1: 0.185
🎯 Target 2: 0.165

As long as the price is suppressed below 0.215, the downward direction becomes the least resistant. Any rebound on lower timeframes is just a trap for more longs and does not change the overall downtrend. Manage your stop-loss carefully and patiently wait for the targets to be reached.

MERL-0,1%

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NeonCollector

· 01-20 14:01

Longs are about to get cut again, this wave is really fierce --- I’d rather not gamble on a liquidation game, my heart can’t take it --- Is below 0.215 the slaughterhouse? Let’s try and see --- Another trap of诱多, I never believe in these rebounds --- Stop loss at 230 is too wide, feels like the risk is a bit high --- The liquidation chain has started, the bears are about to take off, run --- Looks pretty clear, but trading is full of traps, I’ve already given up on MERL --- Rebounds are just traps, can 185 really be reached according to this logic --- Open positions at high levels are like a time bomb, unavoidable

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WhaleShadow

· 01-20 04:33

Longs are about to get chopped again, I've seen this trick too many times Another wave of liquidation feast, it's time for the shorts to eat the meat Honestly, the 0.215 level is a bit risky, the rebound could be scary at any moment I don't dare to take the position, feels like it might drop further The target is so far away, it's exhausting, shorting is easy to get trapped

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LootboxPhobia

· 01-18 14:55

Trying to trap again? Last time you said that, MERL directly reversed and crushed my short position.

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0xSoulless

· 01-18 14:52

Another leek harvesting site. The big players have already left, and you're still shouting about long positions getting liquidated.

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SingleForYears

· 01-18 14:45

Is this another long liquidation drama? Last time, it was the same story, and then it suddenly reversed. Trying to cut losses? Easier said than done, who doesn't want to? Just a slip of the hand, haha. Wait, is this price real? Feels a bit outrageous. Fake buy-ups, fake buy-ups, they’re trying to lure buyers every day, so annoying. Is this real or fake this time? I'm a bit scared now and don't dare to buy the dip.

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VitalikFanAccount

· 01-18 14:38

Another liquidation crash, this is the norm for contracts. --- Do they really dare to buy at 0.21? It feels a bit risky. --- The bulls were cut quite harshly this time; looking back, it’s all blood. --- The rebound is just a trap for more buying. I’ve seen this trick too many times. --- Waiting for 0.165, hope to survive until then. --- Unclosed positions at high levels are time bombs; they should have been sold early. --- This wave will cause many to stop-loss again; contracts are really discouraging. --- Breaking 0.230 means immediate exit, don’t hesitate.

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