$MLN /USDT: A Potential Recovery Play in Progress
$MLN /USDT is currently trading at $20.16, marking a modest increase of +1.20% on the 15-minute chart. After bouncing from its intraday low of $19.40, the token is showing signs of consolidation with support at $19.90 and immediate resistance near $21.00. The RSI at 60.75 indicates neutral momentum, with a potential for further upside if bullish pressure sustains.
For traders, an ideal entry lies between $20.00 and $20.20, targeting $20.80 (TP1), $21.20 (TP2), and $21.50 (TP3) for progressive profits. Place a stop-loss at $19.60 to mitigate downside risks. As the MACD trends toward bullish crossover, this setup offers a balanced opportunity for both short-term gains and a potential breakout to higher levels. Secure partial profits along the way to capitalize on the volatility.