$MLN /USDT has exhibited strong upward momentum, gaining +23.23% in the last 24 hours.
The price surged from a low of $18.20 to a high of $25.00, signaling significant buying pressure. The RSI at 93.64 indicates overbought conditions, suggesting a potential pullback or consolidation in the near term.
Current Price: $22.76
Entry Price: $21.50 - $22.00
Key Levels:
Resistance: $25.00, $27.50
Support: $20.00, $18.20
Take-Profit Targets:
1. $24.00
2. $26.50
3. $28.50
Stop Loss: $19.80
Cautionary Note:
Traders should watch for price stability near the $22.00 level or a potential breakout above $25.00. The current overbought RSI suggests heightened volatility, so manage risk carefully.
