Merlin Chain Price Prediction: MERL Gains Strength on Rising Inflows & Interest
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- MERL trades in a tight range as momentum cools and key support near $0.30 holds.
- Rising open interest signals stronger derivatives positioning and potential volatility.
- Spot inflows improve sharply, revealing renewed demand and strengthening market sentiment.
Merlin Chain continues to trade in a compressed range after a volatile month defined by sharp swings, rising derivatives activity, and shifting liquidity patterns. The token recovered from a deep decline toward $0.21 and quickly pushed higher, but the recent slowdown has created a new test for momentum. The market now watches whether buyers can stabilize the price above short-term support or if sellers will attempt to retake control.
Price Action Stabilizes After Sharp Rally
The price now trades around the mid-$0.30 region after failing to maintain strength near last week’s high. The earlier rebound carr…
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