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‎Project Merlin has captured trader attention after its listing sparked notable volatility. The token climbed from around 0.0124 to 0.0134 before easing to the 0.0126 range, reflecting early speculative energy followed by market correction and stabilization.

‎Trading volume remained strong, signaling active engagement even as price struggled to hold above resistance. $MRLN now moves within a tight band, showing that buyers and sellers are evenly matched as momentum cools off.

‎Midway through this phase, the BingX Listing Carnival (October 10–17, 2025) added fuel with a 900,000 MRLN reward pool, deepening liquidity and expanding visibility across both Spot and Futures markets.

‎If $MRLN maintains support near 0.0126, accumulation may form ahead of another push toward 0.0134. A breakdown, however, could trigger extended consolidation.

‎Will $MRLN’s current range act as a springboard for its next leg up or is the market bracing for another cooldown?

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