MERL has repeatedly tested bottom at key support levels, and the recent double bottom pattern is gradually taking shape. The trading volume data is outstanding, with clear signs of large funds, which typically indicate a price breakout at a critical point. From a technical perspective, once the upper resistance is broken, it could lead to significant volatility. The current moment is worth paying attention to the price movement at this level.

MERL-1,54%
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NFT_Therapyvip
· 10h ago
Is the double bottom about to take off? I choose to believe it; anyway, I won't lose much. --- Large funds have all come in. Should I try not to cut losses this time? --- Every time they say there's a breakout, it gets crushed again. I'm exhausted. --- With such fierce trading volume, it really feels like something is about to move. --- Repeatedly hitting the support level has become tiresome. When will it finally rise? --- If this wave breaks through the resistance level, I'll go all in. No more doubts. --- The technical analysis looks good, but I don't know how it will actually turn out.
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Blockchainiacvip
· 15h ago
If the double bottom really breaks below, it will be great; I'm just worried about suppression.
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SelfStakingvip
· 01-11 06:33
Double bottom needs a real breakout to be valid; anything else is just talk. --- Large funds are entering? Is this reliable or just another attempt to shake out the retail investors? --- Repeatedly hitting the support level has become tiresome; just waiting for a confirmation signal. --- Trading volume has finally increased; it depends on whether it can hold above the level to count. --- The resistance level needs to be broken for there to be hope; otherwise, it will just fluctuate. --- The technical outlook looks good, but real money talks the loudest. --- Double bottom pattern? Could it still be a false breakout this time... --- Large funds have come in; this move has some flavor. Need to follow up and observe.
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MEVSupportGroupvip
· 01-10 20:41
Is it another double bottom? Is it real or fake? Wait, has large capital really come in? This double bottom pattern... take it with a grain of salt. Repeatedly hitting the bottom is just cutting losses, but the trading volume does look interesting. If it happens to be a cut-loss again this time, I’ll eat my keyboard live on stream. Let’s see if it breaks the level; talking about it now is pointless.
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UncommonNPCvip
· 01-09 02:56
Double bottom? Here we go again... Last time I heard this, I got caught for several points.
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PuzzledScholarvip
· 01-09 02:56
A double bottom only works if it truly rises; otherwise, it's just a fake-out.
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SorryRugPulledvip
· 01-09 02:45
Not this again, I'm already tired of the double bottom pattern.
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Ramen_Until_Richvip
· 01-09 02:37
Double bottom needs to break? It still depends on the trading volume. --- Is this really going to take off or just fall again? Watching closely. --- Repeatedly testing the support level indicates no major players? --- Has it broken the level or still hesitating? --- The trading volume is so strong, it feels like it's about to move. --- Is the resistance level about to be triggered? Don’t believe it? First, take a look. --- All the big funds have come in, can it still be pushed down? --- I just want to know when it will truly break the level. --- Another double bottom, plus large funds, a routine move. --- Won't it be another false breakout this time... --- Keeping a close eye, feels like there's a chance this wave will succeed.
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FOMOSapienvip
· 01-09 02:35
The double bottom needs to really take off, don't let it crash again.
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