$MLN /USDT has been in a consolidation phase for the past few hours, with the price fluctuating between $20.00 and $20.50. The current price is $20.17, indicating a slight upward trend.
Trading Signal:
* Entry Price: $20.17 (Current Price)
* Resistance Levels: $21.00, $22.00, $23.00
* Support Levels: $20.00, $19.00, $18.00
* Take-Profit Targets:
* TP1: $21.00 (4.13% profit)
* TP2: $22.00 (9.10% profit)
* TP3: $23.00 (14.07% profit)
* Stop-Loss: $19.00 (5.82% loss)
Caution:
* The consolidation phase suggests potential volatility in the short term.
* It's important to monitor the market closely for any signs of a breakout or breakdown.
* Traders should use proper risk management techniques and adjust their positions accordingly.
