"MLN/USDT: 4% Surge as Bulls Eye Key Support Levels"
/USDT is trading at $20.29, up 4.00%, following a rebound from its 24-hour low of $19.10. The pair briefly touched a high of $22.33 before retracing, indicating some profit-taking. The RSI at 27.84 highlights oversold conditions, suggesting potential for a bullish recovery. Meanwhile, the MACD signals weakening bearish momentum, hinting at a possible trend reversal.
Key resistance is positioned at $21.50, and a breakout above this level could see the price revisiting $22.33. On the downside, $19.00 serves as critical support to maintain the bullish structure. Traders should monitor volume activity closely and set dynamic stop-loss levels to manage risks in this volatile phase.
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