Binance Technical Analysis: $MLN

/USDT – Key Targets & Market Outlook

The MLN/USDT pair is currently showing bullish momentum, up by 10.78% in the last 24 hours. With strong support and resistance levels in play, let’s break down the potential targets for this coin.

Key Levels to Watch 🎯

1. Target 1 – $30.00

This level is the immediate resistance point. If MLN/USDT manages to break and hold above this level, we could see further bullish momentum pushing the price towards new highs.

2. Target 2 – $28.50

A pullback or consolidation around this area is possible, offering a solid entry point for traders looking for a safer position.

3. Target 3 – $25.00

This serves as the next major support zone. If the price dips below $26, we could see a potential drop towards this level, where buyers might step in.

Market Insight

MLN has been maintaining a strong upward trend, with a 24-hour high of $30.14. The current support near $24.32 suggests a potential bounce-back if the price retraces.

Stay Tuned for Updates

Monitor these key levels for potential price action, and always trade with caution!