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MERL taking a hit—down nearly 20% and trading at $0.212 after breaking below that $0.245 support level. The squeeze is real: December token unlocks combined with BTC rotation are draining L2 liquidity faster than expected. Technical picture looks grim too, with RSI bottoming out at 14. Key levels to watch moving forward? Either a bounce off $0.186, or if $0.245 flips to resistance, that's when things could get messy.