Trading Signal Alert for $MLN /USDT
$MLN /USDT has experienced strong upward momentum with a sharp breakout to $25.85, marking the 24h high. The coin is currently trading at $24.96 after a quick retracement. This upward spike indicates strong buying pressure, but traders should watch for consolidation or continuation patterns.
Key Levels:
Current Price: $24.96
Entry Zone: $24.50 - $25.00
Resistance: $25.85 (24h high), $26.50
Support: $22.96 (recent low), $23.88
Take-Profit Targets:
1. TP1: $25.50
2. TP2: $26.00
3. TP3: $26.50
Stop Loss: $23.80
RSI Note: RSI at 70 indicates the coin is approaching overbought levels. Watch for pullbacks or potential breakouts above $25.85.
Caution: Ensure to manage risk and watch for price stability near resistance before entering trades.
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