📉 Brothers, $MERL I think this wave of rise is coming to an end soon.
The price has surged to near the previous high, but the trading volume is clearly not keeping up - a typical case of a rising market on decreasing volume, and the upward momentum has already begun to wane. In this position, I choose to go short.
Several key signals:
· The daily line is close to the upper Bollinger Band at 0.482, clear pressure.
· The rise has begun to decrease in volume, indicating fewer people are chasing higher prices.
· The area near the previous high has always been a prime position for selling by market makers.
My plan:
· Lightly short near the current price of 0.458.
· Set a stop loss above 0.485.
· Target first at 0.35, and if it breaks below, then look at 0.32.
Remember, going short is not about betting on a crash, but about capturing a wave of profit from a pullback. Don't hold onto losing positions, don't over-leverage, and manage your stop loss well.

