$MLN /USDT: A Bounce in the Making?"

$MLN /USDT is currently trading at $20.16 on the 15-minute timeframe, showing signs of recovery after a pullback to the support level at $19.40. The price is attempting to reclaim momentum, with resistance seen at $21.00. Traders could consider entering near the current price level, targeting $20.60 (TP1), $21.00 (TP2), and $21.50 (TP3) for potential upside. To limit downside risks, a stop loss at $19.80 is advisable.

The RSI is hovering at 53, indicating a neutral zone with room for upward movement, while the MACD line is flat but showing early signs of bullish convergence. This setup provides an opportunity to trade a potential rebound, but traders should stay cautious of a failed breakout near the resistance levels. Secure partial profits as targets are met and adjust stop-losses to lock in gains. #CryptoTrading #GrayscaleSUITrust