MLN/USDT Technical Analysis & Trade Signal šŸš€

Current Price: $24.35 (+6.42%)

24h High: $27.00

24h Low: $22.53

24h Volume: 8.25M USD

Trade Signal:

Momentum: Strong bullish trend, with solid upward movement driven by increased volume. RSI suggests strength but nearing overbought, signaling possible consolidation or minor pullback.

Key Target Levels šŸŽÆ:

1. $27.00 ā€“ Primary Resistance: Watch for a breakout above this level for further upward momentum.

2. $25.72 ā€“ Support Zone: Potential retracement area. Look for a bounce to continue the trend.

3. $22.53 ā€“ Key Support: If price falls below, a deeper correction may occur. Watch for reversal signs here.

šŸ’” Conclusion: Trade cautiously with a focus on $27.00 for breakout potential. A dip to $25.72 could provide an entry for continued bullish momentum. Stay alert around $22.53 for signs of a reversal.

Trade Momentum: Bullish ā€“ monitor volume and momentum for confirmation.

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