⚠️ MERL is heading towards an irreversible market disaster.

Beneath the seemingly calm surface, an unprecedented amount of selling pressure is accumulating — 70 million OTC unlocks are about to explode on 12/12, 12/15, 12/16, and 12/19.

Such a level of supply shock is beyond what any support or rebound can withstand.

Even more deadly is the psychological aspect:

As long as the unlocking news exists, market participants will anticipate a crash, leading to early withdrawal of liquidity and creating a self-reinforcing downward cycle.

The low-cost chips of arbitrageurs will become the sharpest knives, and all rebounds will be seen as opportunities to exit.

Instead of hoping for miracles on the edge of the abyss, it’s better to jump ship before the market sinks.

Cruel but realistic:

MERL is not just weak, but has completely lost its upward structure.

#MERL #Airdrop #Crypto #CoinCircle #Crash