Merit Price
sn73
Price Statistics
Merit price analysis by TradeGPT
- Although SN73 has seen tentative bullish attempts and sentiment warming in the short term, the trading volume remains insufficient, and the key resistance level (recommended to refer to the median position, around **xx RMB/ton**) has not been effectively broken through.
- The market trend has yet to be confirmed.
- It is advised that investors use the interaction of trading volume and key price points as the core observation indicators.
- If a breakout is accompanied by increased volume, it is advisable to follow the trend; if volume fails to follow through or the price cannot hold above the median, be alert to trend reversals and pullback risks.
- Maintain a cautious strategy at high levels, and gradually enter at lower levels.
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Merit News
The Bank of Japan is widely expected to keep interest rates unchanged on Tuesday, setting up a communication challenge for Governor Kazuo Ueda as the foundering yen hovers near levels that have prompted past interventions.
The probability of the Federal Reserve keeping interest rates unchanged in April is 100%, while the probability of a rate cut in June is only 4.7%.
FOMC Meeting: US Fed Expected To Hold Rates Till 2027 Despite Kevin Warsh Taking Charge
Senate Committee Sets April 29 Vote To Advance Pro-Crypto Warsh’s Fed Chair Nomination
Price History (USD)
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