🚀 $MLN /USDT: Gaining Momentum in DeFi – What’s Next?

Melon Protocol ($MLN ) is trading at $22.91, up 1.64% in the last 24 hours, signaling steady growth. With its solid position in DeFi and increasing interest, here’s the outlook:

📊 Key Price Levels

Support: $22.00 – Holding above this level will maintain bullish momentum.

Resistance: $23.47 – A breakout could open the path for higher targets.

📈 Price Targets to Watch

1ïžâƒŁ Target 1: $25.00 – Immediate upside target.

2ïžâƒŁ Target 2: $27.00 – Long-term potential if the rally continues.

📅 Recent Performance

7 Days: +9.47%

30 Days: +42.88%

1 Year: +48.35%

⚠ Trading Insights

Stop Loss: Place below $22.00 to manage risk.

Monitor volume spikes as a precursor for potential breakouts.

With growing DeFi activity and solid price action, $MLN looks primed for further gains.

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