merl

$MERL Long Liquidation — Market Not Ready for Recovery

Downtrend confirmed with another liquidation flush.

📌 Spot Resistance: $0.3394

🎯 TG1: $0.3310

🎯 TG2: $0.3245

🎯 TG3: $0.3180

#merl

🚀🔥 #ENA | #FHE | #merl — Quick Market Snapshot! 🔥🚀

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🟦 ENA (@Ethena Labs )

My Take: One of the strongest new DeFi protocols with synthetic dollar (USDe) traction and massive ecosystem growth.
Why Buy: High adoption, strong yield mechanics, and rapidly rising TVL.
Strategy: Moderate-to-strong allocation — a leading DeFi narrative in 2025.

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🧠 FHE (@Mind Network )

My Take: A powerful privacy-tech project enabling computation on encrypted data — a huge emerging theme.
Why Buy: High potential in AI × privacy intersection, gaining serious attention.
Strategy: Small-to-moderate allocation — early but high-upside tech.

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🟣 MERL (@Merlin Chain)

My Take: A fast-growing L2 ecosystem with strong liquidity, especially in BTC L2 narrative.
Why Buy: BTC Layer-2s are exploding in popularity — MERL is well-positioned.
Strategy: Moderate allocation — strong long-term infrastructure play.

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📌 Portfolio Mix Insight

ENA → strongest fundamentals & adoption

FHE → early, high-tech privacy + AI narrative

MERL → infrastructure winner in BTC L2 space

⏩ Trade Here ‼️
$ENA
$FHE
$MERL
#TrumpTariffs #USJobsData

Merlin Chain ($MERL) - The Mean Reversion

📉 CORRECTION ALERT: Merlin Chain ($MERL) Overextended
 After the 126% short-squeeze rally, MERL is showing exhaustion signs with declining volume.

Trade (Short):
Direction: Short (Pullback)
Entry: $0.48 - $0.50
Target: $0.40
Stop Loss: $0.54

Rationale: Profit-taking before the Fed meeting is likely to drain liquidity from high-beta plays.
#Merlinchain #merl #ShortSetup #CryptoCorrection
$ETH $MERL
@Bit_Guru

🤑If $MERL holds this zone, I’m expecting a violent move up 👀🚀
Look at this candle explosion right here! Price ripped up and now we’re getting the classic pullback RIGHT back into previous resistance 😈

This is EXACTLY where aggressive traders hunt entries 💥

If this level holds…
👊 continuation
👊 liquidity grab complete
👊 next leg UP incoming

If it snaps below—forget it, but right now bulls STILL in control 👀

💡Trade Plan

Idea: Breakout + retest setup
Zone to hold: 0.348 area
Bias: Bullish as long as price stays above the retest zone

Entry: On hold + bullish candle at support
Stop: Below 0.346
Targets: 0.355 → 0.36
Invalidation: Clean break below support
$MERL #MERL

$MERL has failed three times to break through the $0.5 mark

Technical resistance remains solid: In recent weeks, $MERL has faced heavy selling during three attempts to break through $0.5, making this price level a stubborn ceiling. Each approach has seen increased trading volume, but buying power hasn't kept up, with funds clearly waiting on the sidelines at higher prices.

Market drag leads to weak sentiment: BTC and ETH have pulled back in the short term, overall risk appetite is cooling, and MERL loses momentum near key levels, making a breakout seem unlikely.

Recently, many large on-chain holders (or early players) have started selling to lock in profits as the price nears $0.5. This concentrated selling has directly blocked any upward movement, forming a solid ceiling around $0.5. It's going to be pretty difficult to break through in the short term—there needs to be much stronger buying to overcome this resistance zone.

#merl

$MERL – Long Liquidation

Liquidation: $1.483K at $0.34044

Market Insight: Longs being liquidated indicate bearish pressure. Price may test lower support soon.

Next Move:

Watch $0.338–$0.339 for potential bounce

Breakdown below $0.338 could trigger further declines.

Targets 🎯:

TG1: $0.336

TG2: $0.333

TG3: $0.330

#merl
#USJobsData
#TrumpTariffs
#WriteToEarnUpgrade
#BinanceBlockchainWeek
$MERL

AI & Layer narrative alive
$TAO +6.45%
$ENA +6.06%
$MERL +5.74%
Pro Tip: Pair with BTC short if you want market-neutral gains.
#AICrypto #TAO #ENA #MERL

Here is one of my signals 📈 with very large profits
$BTC
$BNB
$MERL
#BinanceBlockchainWeek
#BTC
#bnb
#merl
#altcoins

$MERL /USDT waking up HARD on Binance Futures!

From 0.340 to 0.3669 high
Now consolidating at 0.359 with insane volume (66.8M MERL traded)
+5.3% 24h but the real move is just starting

Clean breakout + retest, all MAs stacked bullish, volume pouring in.
This one has serious legs left.

Loading the dip, targeting new highs today.

#MERL #BinanceFutures #AltseasonLoading

Profits and reviews by my VIP members 🤑🥰

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#pippin #santo #merl $ZEC

$MERL This wave really can't hold on: 0.32 broke straight to 0.2

I've been keeping an eye on the $MERL market recently, and my mindset is a bit collapsing.
This coin has been hovering around 0.34 since last week, and the trading volume has shrunk to an unbelievable level, with only over 20 million dollars in 24 hours. Compared to the previous billions in trades, it's now like a ghost chain.

From a technical perspective, it has already broken many levels.
I looked at the candlestick chart; the RSI is now around 43, and the MACD has long since crossed to the downside, with prices lying below all the moving averages. What's more critical is that the position at 0.32 has now become the last line of defense. Look at the recent trends; every time it tries to surge upwards, it's pressed back by 0.37, showing no strength at all.

To be honest, I also got trapped at this position, thinking it could rebound, but the longer I waited, the more desperate it became. Now the overall market sentiment is defensive; BTC and ETH are both retracing, and the altcoin buying is as weak as paper.

Once 0.32 breaks, it goes straight to 0.2.
What I'm most worried about now is that the support at 0.32 won't hold. Once it breaks, based on the technical patterns, there really isn't much decent support below. 0.27 might just be a resting spot, and to truly stabilize, we might have to wait until around 0.2.

On the contract side, the open interest has dropped by 8.5% in 24 hours, everyone is reducing their positions and retreating. Who dares to take over?

The only hope is at 0.2.
My current thought is that if it really drops to 0.2, it might actually be an opportunity. After all, it's dropped so much already, and the sentiment has been released almost fully. By then, if some technical indicators show oversold signals, we might see a decent rebound. But until then, I won’t easily increase my position.

So for those holding assets now, I suggest reducing positions. This downtrend is obvious, and don’t expect any miracles in the short term.
See you at 0.2, if not, we won't part ways.

#merl

$MERL price breakout failed, coming to 0.2 at any time

$MERL has attempted to break the key resistance level of $0.5 three times in the past month, all of which have failed, with the most intense occurring on November 27th—after reaching $0.537 during the day, the price plummeted by 45.6% to $0.292 in one day. As of December 9th, MERL is trading at $0.34, down 36.5% from its peak, with a 30-day decline of 13.56%. Each breakout attempt saw trading volume surge to $117 million, but then quickly shrink to $20-30 million, reflecting that active funds are taking profits at key positions, and $0.5 has formed a structural ceiling.

Technical indicators show a clear bearish configuration: MACD has formed a death cross and the histogram -0.00255 continues to expand, RSI at 48.52 is neutral to weak, and the price is operating below all key moving averages (EMA 12/26 both at $0.354). If the key support level of $0.33 is lost, it will accelerate the decline to the deep support area of $0.26.

As of December 9th, the open interest for MERL contracts is $50.5 million (down 7.47% in 24h), Binance/OKX funding rates are negative (-0.0096%/-0.0089%), short positions dominate, maintaining a bearish outlook, waiting for opportunities
#merl

The Next Chain Narrative Just Started

Forget everything else. $MERL just dropped the cleanest road map we have seen this quarter. This is not just another token; it is a full-fledged chain network launch, capitalizing on the $BTC L2 narrative. When a project launches its own infrastructure with zero friction and a clear path to adoption, the move is explosive. We are looking at a clear path to significant upside potential. The window to position yourself is closing fast.

NFA. DYOR. This is not financial advice.
#L2 #MERL #Layer2 #Altcoins #Crypto 🚀

🚀 $MERL Consolidating After Major Drop — Bollinger Bands Getting Tight 🚀

$MERL just printed a +1.76% move and is trading at $0.36466, showing early signs of a potential breakout after weeks of consolidation.

After the huge spike to $0.59479, price corrected hard and found a base around $0.32141. Since then, candles have been moving sideways inside a tight Bollinger Band squeeze — and that usually means one thing: volatility is coming. ⚡️

📊 On-Chain Snapshot

💰 Market Cap: $383.82M

🪙 Holders: 17,527 wallets

💧 On-chain Liquidity: $954.7K

🎯 FDV: $766.20M

🔍 What the Bands Show

Middle Band (MB): $0.36319 — currently acting as support

Upper Band (UP): $0.37991 — short-term resistance

Lower Band (DN): $0.34646 — range bottom


#MERL #BTCVSGOLD #BinanceBlockchainWeek #BTC86kJPShock

The Next 50x Layer 2 Is Already Live

Forget the noise. Focus on infrastructure. $MERL is not just another token; it’s a fully deployed chain network with a roadmap so clear you can see the targets from space. While $BTC consolidates, the real alpha is flowing into scalable L2s. This is the definition of early entry. We are looking at a trajectory that hits 0.50 and potentially $1.00 faster than most realize. The foundation is built. Now comes the parabolic move for $MERL.This is not financial advice. DYOR.
#L2Alpha #MERL #AltcoinGems #CryptoFOMO
🚀

Who rides with us 😅😂🤤 is the currency riding with it, either we ride it on top or it rides us underneath. May God protect us, your prayers 😊😒
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$MERL
#merl

MERL December is really going to make waves.

Once the rhythm of unlocking starts, the market's attention is ignited. 70 million tokens will be released in batches on the 12th, 15th, 16th, and 19th, which seems like an "increase in supply," but essentially resembles the first "stress test" after the project reaches maturity.

In simple terms, the market will move, but opportunities will emerge as well.

1️⃣
Batch releases, more like a regulator

It's not about dumping everything at once, but rather a rhythmic release.
This type of structure usually allows trading depth to increase, making liquidity more favorable.
As time goes on, the price discovery of MERL will be closer to its true value.
At this point, preemptively positioning will generally not be too bad.

2️⃣
Volatility sentiment gives you an entry window

Before and after each unlocking, the market tends to have more noise.
But the more chaotic it is, the easier it is to see "misprice."
Compare: short-term sentiment is noise, while long-term performance relies on project fundamentals.
If you have a good recognition of the Merlin Chain ecosystem, then volatility is actually a gift.

3️⃣
Old users have low costs, new users have great potential
Early birds have cheaper holding costs, that’s a fact.
But precisely because of this, the market will naturally form a price gap.

The focus is not on who made money, but rather on assessing:
Does MERL's usage scenario, on-chain demand, and ecosystem expansion speed support future repricing?

As long as the project continues to progress, the price will eventually return to where it should be.

In simple terms: unlocking, there's no need to be afraid. What you should fear is missing the opportunity to position yourself.

Changes on the supply side are not risks, but rather a window for the market to reprice MERL.
This December's rhythm is more like a sign of the project stepping into maturity and a great time for ordinary people to adjust positions and select good assets.

Don't fixate on the ups and downs of a day or two.
Clearly see the value, clearly see the direction; that is the true way to earn in the long term.

#MERL

MERL bearish trend is clear, $0.2 may be a turning signal!

Dear family, today let's talk about a key point—— the bearish trend of $MERL has been established! Don't rush to bottom out, first see the signals clearly. Especially when the price nears $0.2, there may be a change, this key point must be remembered! Let's break down the signals step by step.

Trend judgment: the bearish pattern is set, don't use old thinking to hold positions

First, look at the big environment: BTC and ETH have recently dropped sharply, stablecoins have decoupled, and liquidity is clearly tightening—this is not a normal correction, it's a signal of a trend reversal. The so-called super cycle in 2025 is likely postponed, and don't believe that altcoins will hit bottom just because they've dropped a lot; blindly bottom fishing will only lead to passive losses.

Next, look at $MERL: In the past month, there have been three attempts to break the $0.5 resistance, all failed. Each time the price increased, it looked like there was volume, but in reality, buying support was lacking, a typical false breakout and real trap. Now the rebound is weak, the structure is soft, and following the market to continue the downward trend is highly likely; don't hold onto the fantasy of independent strength.

Key analysis: around $0.2 may be a turning observation point

Highlight! Why is around $0.2 worth paying attention to?

❶ Cost support reference: The project’s basic operational costs are approximately $0.18-0.22, dropping here may trigger short-term contention between bulls and bears;

❷ Emotional watershed: Historically, $0.2 is a psychological bottom for retail investors; either panic selling accelerates the drop or bears take profits, triggering a rebound;

❸ Trend verification point: If it can stand firm and rebound near $0.2, it may be a short-term stop-loss signal; but if it breaks down with volume, the bears will continue to exert pressure. This position is not a bottom fishing point, but an observation turning point, don’t get it wrong!

Operation guide: wait for these two signals before shorting

Now don’t rush to act! Real trend trading is about waiting for signals, not chasing to short. Remember two entry timing:


✅ Signal 1 (rebound meets resistance): If $MERL rebounds to $0.45-0.48 and gets pushed down again (forming a second high), it indicates that the bears are still in control, at this time gradually layout short positions;

✅ Signal 2 (break confirmation): If the price breaks recent low points with volume and cannot recover, the downward trend continues, follow up with short positions.

Operation reminder: Don't be too conservative, but set strict stop losses! When the trend is down, don’t hold positions betting on reversals. Hold cash steady, and go with the trend is the defense in a bear market.

Summary: Don’t guess the bottom, wait for signals, survive to see the bull market

Dear family, the core message is: the downward structure of $MERL is clear, don’t guess the bottom, wait for signals. Around $0.2 is an observation window, but don’t treat it as a bottom fishing opportunity; the key is to see if it can reverse the weakness.

Weak rebounds don’t follow the crowd, and don’t hesitate on break signals. Now click to follow, keep a close watch on the rebound pressure at $0.45-0.48 and the situation of breaking previous lows. Wait for the signals to appear, act decisively—survive the bear market to catch the next opportunity.

If you find this useful, wait for the right timing. If you want to track the follow-up signals for MERL, let me know in the comments, and I’ll send you crucial price reminders! Let’s remain calm and only make trades we understand!

#MERL

MERL rebound momentum is insufficient, initial confirmation of a bearish trend, patiently waiting for key signal layout.

Recently, the market has experienced rapid deep adjustments, with BTC and ETH sharply falling in a short period, and market sentiment has clearly cooled. The positive expectations that were previously hotly debated in the market have faded in the short term, and some stablecoins have experienced price fluctuations, with liquidity showing a contraction trend—this may not only be an ordinary correction but could also be an early signal of a trend reversal.

From a macro cycle perspective, the market has shown a pattern of bearish dominance. The bearish forces seem to be gradually accumulating and gaining momentum. Whether the first half of 2025 will usher in the so-called "super cycle" remains to be seen; at this time, it is not appropriate to make decisions simply based on the idea of "overselling equals opportunity," especially for altcoins, where blind bottom-fishing may face significant risks.

Taking MERL as an example, there have been three attempts to break through the key resistance level of $0.5 in the past month, all of which have failed. Each upward movement seems to have been accompanied by an increase in trading volume, but subsequent buying support has been insufficient, which is a typical pattern of encountering resistance and falling back. Against the backdrop of an overall bearish market trend, it is quite difficult for MERL to strengthen independently; it is highly likely to continue following the overall market trend, and further declines may occur.

How should we view the MERL trend currently?

It is not recommended to act immediately but to remain on the sidelines, waiting for clearer signals. Especially if the price falls back to around $0.2, it is crucial to closely monitor whether there are signs of a stop-loss or structural changes. True trend trading is not about chasing every wave of volatility but about identifying key positions and signals and executing rationally. Currently, $MERL is still in a downward consolidation phase, with weak rebound strength and an unstable structure; if it breaks below recent lows again and cannot quickly recover, it may open a new round of declines.

It is advisable to pay attention to the following opportunities:

· If $MERL rebounds to the $0.45–0.48 range and encounters resistance again, forming a secondary high structure, consider gradually laying out short positions.
· Or wait for the price to break below recent lows on increasing volume, confirming the continuation of the downward trend before following.

In terms of operation, it is recommended to maintain discipline and set reasonable stop-losses. The trend direction has initially become clear; during rebounds, it is not advisable to be overly optimistic, nor should one blindly hold positions expecting a reversal. In a phase of overall liquidity contraction, ensuring capital safety and following the trend is the more prudent strategy.

Remember: do not follow weak rebounds blindly, and do not hesitate when the trend breaks. $MERL currently has a relatively clear downward structure; what we need to do now is not to guess the bottom but to wait for high-probability entry signals. Once the signal appears, rational execution should be the priority—in a trending market, maintaining patience and discipline will better prepare us for the next opportunity.

#MERL