🚨 $MERL Baola 17%? Beware of the dealer "closing the door to hit the dog"!

Current 0.436U. Poor liquidity on weekends, dealers reduce volume to induce retail investors to open long positions. There is huge pressure at 0.45 above, do not chase high!

Qingfeng strategy recommendation:

📉 Short position (mainly): Place orders at 0.445 - 0.455

🎯 Target: 0.415 - 0.390

🚫 Stop loss: 0.466

📈 Long position (bet on rebound): Ambush at 0.382 - 0.392

🚫 Stop loss: 0.370

Veteran's advice: This kind of volume-less hard pull must have a sharp drop, shorting at highs has a very high risk-reward ratio!