Technical Analysis Report: $MLN goes like Rocket 🚀

Recent price trends for $MLN have shown significant volatility, with a peak in Q2 2024 followed by a correction phase. The 50-day moving average crossing below the 200-day moving average indicates a bearish trend, supported by the MACD line being below the signal line.

Current technical indicators show the RSI at 40, suggesting MLN is approaching oversold territory. Key support levels are at $25.12 and $22.50, while resistance levels are at $20.00 and $22.50. Short-term caution is advised, but the token holds long-term potential.

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