2025-12-11 14:28:25

Recently watching MERL's market chart, I have a growing feeling — the $0.5 level is definitely not just an ordinary resistance point; it seems more like a life-and-death line in the battle between bulls and bears.

Let's focus on the changes on the supply side:

After entering December, MERL enters a dense unlocking period. The specific dates are the 12th, 15th, 16th, and 19th, with nearly 70 million tokens being released into the market in total.

The impact of this wave of unlockings cannot be underestimated. The circulating supply will surge in the short term, how will the selling pressure transmit to the price? Can the $0.5 support withstand this wave of sell-offs? The next few weeks’ trend is likely to provide the answer.

MERL11.21%

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AlphaWhisperer

· 2h ago

Is this 0.5 line really fake or not? We'll know in December. 70 million tokens suddenly dropped; it depends on how strong the bulls are. Whether MERL can survive this wave depends on the next few days. It's unlock season again; I bet Bitcoin will absorb the sell-off.

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WenMoon42

· 12-11 14:58

70 million tokens are being poured in, can 0.5 really hold up? I can't bet on it.

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MidsommarWallet

· 12-11 14:56

70 million tokens are dumped all at once. Can $0.5 really hold up? I hold a pessimistic attitude.

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ColdWalletGuardian

· 12-11 14:55

70 million tokens dumped, 0.5 might be enough to kneel down

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BearMarketBuilder

· 12-11 14:54

70 million tokens dumped, can 0.5 really hold up? I can't bet on it --- It's the unlock period again, I'm always so worried about this. Forget it, better to reduce positions first --- Life and death line? That's a bit exaggerated, but indeed, we should watch the market carefully in these few days of December --- Liquidity surged dramatically, this is what retail investors fear the most. Set proper stop-losses --- If 0.5 can't hold, just cut it. Don't argue with yourself --- 70 million tokens, this wave of dumping is quite fierce

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PriceOracleFairy