MERL has shown many highlights in recent trading cycles. From the market perspective, the 15-minute timeframe has already stabilized after a decline and is beginning to gradually rise. More notably, the daily chart pattern has shifted from a bearish candle to a bullish candle, which often indicates that buying strength is gradually accumulating.
These technical changes have indeed attracted a lot of attention. Considering recent performance, there is a certain opportunity to go long around the 0.25483 range. If choosing to participate, you can set the stop loss below 0.24 as a risk control point.
Regarding targets, first, focus on the previous high of 0.267 as the first profit zone; secondly, 0.295 is also worth noting; finally, 0.326 is a more distant target. Once these key levels are broken, there may be room for continuation, and the specific situation should be flexibly adjusted based on the actual market trend.
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IfIWereOnChain
· 01-09 09:31
Wow, MERL's daily chart turning bullish this time is really something. Let's wait for this breakout above 0.267 and see.
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ContractFreelancer
· 01-06 13:00
Oh no, is MERL having another move? They started hyping it up as soon as the daily chart turned positive. How did we say last time when we discussed this?
I'm optimistic, but can the 0.24 level really hold? It feels like the risk isn't that simple.
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StablecoinSkeptic
· 01-06 12:55
It's the same old process again, bottom-fishing at 0.25, with targets at 0.267, 0.295, 0.326... It sounds very comfortable, but why is the market not following the usual pattern?
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BankruptWorker
· 01-06 12:53
Haha, wait a minute, can 0.267 really break through? I feel like it's just another pie-in-the-sky prediction...
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WhaleSurfer
· 01-06 12:47
Alright, another wave of technical signals. The daily bullish reversal needs to be confirmed.
Keep an eye on 0.267 first, but speaking of which, whether this level can be broken still depends on whether the funds are willing to buy in.
MERL has shown many highlights in recent trading cycles. From the market perspective, the 15-minute timeframe has already stabilized after a decline and is beginning to gradually rise. More notably, the daily chart pattern has shifted from a bearish candle to a bullish candle, which often indicates that buying strength is gradually accumulating.
These technical changes have indeed attracted a lot of attention. Considering recent performance, there is a certain opportunity to go long around the 0.25483 range. If choosing to participate, you can set the stop loss below 0.24 as a risk control point.
Regarding targets, first, focus on the previous high of 0.267 as the first profit zone; secondly, 0.295 is also worth noting; finally, 0.326 is a more distant target. Once these key levels are broken, there may be room for continuation, and the specific situation should be flexibly adjusted based on the actual market trend.