$MERL
Short-Term
Volatile profile — MERL shows fast swings; short timeframe traders should watch support zones and volume flows.
Watch key support & resistance areas on daily candles after sharp moves.
Medium-Term
Price hinges on broader market sentiment and specific tech news.
Catalyst news (layer-2 upgrades, exchange listings) can spark quick moves, but sustainability is uncertain without follow-through.
Long-Term
Fundamental narrative: Layer-2 scaling on Bitcoin gives MERL a structural story, but adoption and network growth must follow to support higher prices.Chart: Wide candles + volatile swings reflect mixed sentiment. Recent moves lack sustained breakout follow-through. (Visual reference above)
News: Strong rallies and Layer-2 narrative help buyer interest, but periodic pullbacks and bull trap risk remain. �