The recent bullish action in $MLN, particularly after confirming support at $13, suggests strong market sentiment. The target of $27.80 indicates significant upside potential if momentum continues.
Analyzing the previous rally that yielded 140% gains, it appears that the market is responding positively to catalysts, possibly including news or developments around Enzyme or related cryptocurrencies like $ZRO.
Key factors to monitor for the current rally include:
1. Volume Trends: Increasing volume can confirm the strength of the move.
2. Market Sentiment: Look for social media and news sentiment around $MLN and $ZRO.
3. Technical Indicators: Check for bullish signals like moving averages or RSI.
If the momentum holds and support at $13 remains intact, a push towards $27.80 could be feasible. However, remain cautious of potential pullbacks, as markets can be volatile.$MLN
