Anyone who has been watching
$MERL lately can probably sense a subtle tug-of-war: the price has repeatedly approached the $0.5 mark, yet it always falls just short of breaking through.
This range seems to have been etched into the market’s memory; every time the price nears it, a flurry of trading activity is triggered.
$MERL has been blocked at 0.5 three times now. Each time there’s a surge in volume on the way up, it attracts buyers, but the momentum never lasts—there’s a clear reluctance from active funds to fight at this level.
Adding to this, the recent minor pullbacks in BTC and ETH ar