$MERL

After a rapid increase of 17%, it has been consolidating in the range of 0.46-0.47, indicating low liquidity to entice buyers.

Subsequently, it may move towards "selling pressure → bottoming out → crashing".

It is recommended to short at highs in the range of 0.46-0.48, with a short-term target below 0.4, and further down to 0.35.