$MLN
š MLN/USDT Technical Analysis ā Big Moves Incoming? š
MLN/USDT is trading at $23.93, positioning itself at a crucial juncture. With momentum building, traders should prepare for potential breakout or pullback opportunities in this setup.
š Key Levels to Watch:
Resistance Zones:
Strong resistance is seen at $25.00 and $26.50. A breakout above these levels could ignite a rally toward $28.00 or beyond.
Support Zones:
Immediate support lies at $23.00, with deeper support at $22.00, offering a solid base for bullish rebounds.
š Trading Strategy:
Bullish Entry: Enter on a breakout above $25.00, targeting $26.50 and $28.00 in the short term.
Bearish Scenario: If the price falls below $23.00, wait for signs of stabilization near $22.00 before considering new entries.
Tight stop-loss around $22.00 for effective risk management.
š„ MLN is showing potential for a decisive move. Will the bulls drive the price toward new highs, or will bears push it back to key supports? Keep an eye on these levels and trade strategically!
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