2026-01-18 11:20:20

MERL this wave of market movement is worth paying attention to. After a volume-driven decline, a breakdown pattern appeared. Despite holding positions at high levels, the price continued to fall. What is usually hidden behind this? Long positions being liquidated, or major players quietly offloading.

The data makes it clear—daily decline exceeds 17%, and trading volume has significantly increased. This is a typical sign of weakness. On the market chart, selling pressure persists, but no effective buying has been seen to absorb it. When high-position holdings encounter falling prices, it generally indicates two situations: either longs are being liquidated, or large investors are actively offloading.

From a technical perspective, key support levels have been broken, and the downside space has opened up. When a rebound is weak, it’s an opportunity to short.

📊 Trading strategy:
Short position
Entry range: 0.200-0.205
Stop loss set at: 0.215
Target 1: 0.180
Target 2: 0.155

Continue to monitor this coin’s performance. If the volume continues to shrink without a rebound, the downside space could be larger than expected.

MERL13.18%

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MaticHoleFiller

· 7h ago

It's the same old trick again. The bagholders at high levels should wake up. --- A 17% drop like this? I already sold out long ago. Why are people still bottom-fishing? --- Holding volume isn't decreasing but increasing, and it still drops like this. Someone is definitely dumping. --- If the support breaks, don't expect a rebound. The space is definitely more than just the target. --- This kind of market is what the main players love most—sucking blood and perfectly harvesting. --- What does a weak rebound indicate? It means no one is optimistic. Keep falling. --- I don't believe 0.2 can hold this position. It's still early to go down.

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ReverseFOMOguy

· 8h ago

Another major sell-off, I bet five dollars that this time the bulls will be the ones to absorb the loss.

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CryptoPunster

· 8h ago

Haha, another moment of "I found the main players offloading," let's all go all-in with a smile. --- I don't care about long positions getting liquidated; I only care about when my principal will also be wiped out. --- Entering a short at 0.200? Bro, your stop-loss setup is as unrealistic as my financial goals. --- Talking with a chart, huh? I just want to ask how many people can really cut losses at 0.215. --- Now it's all about doing short when the rebound is weak; but if the rebound is strong, you still have to cut. --- High holding volume but falling prices—doesn't that just reflect my account? Life is like a coin. --- Every time I see this kind of analysis, I think of one thing: plans can't keep up with changes, and changes can't beat a piece of bad news. --- Target 0.155? Bro, I think your target is more optimistic than the coin's prospects.

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metaverse_hermit

· 8h ago

There's a strong smell of major players offloading, be really careful with this wave.

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