Technical Analysis of $MLN /USDT:
Current Price: $23.41
Trend: Bullish (+6.89% in the last 24 hours)
Support Levels:
First Support: $21.82 (24h Low)
Second Support: $22.79 (near current price level)
Resistance Levels:
First Resistance: $24.65 (24h High)
Second Resistance: $24.79 (ask price depth)
Trade Signal:
Momentum: Positive. The price is showing an upward movement, supported by the bullish trend and trading volume.
Recommendation: Buy near support levels ($22.79–$21.82) and target resistance levels for profits.
Target Levels 🎯:
1. Target 1: $24.00
2. Target 2: $24.65 (24h High)
3. Target 3: $25.00 (next potential resistance)
Trade Momentum:
Short-term Outlook: Positive momentum is building, with a recent uptrend and increased volume. Watch for price action around support levels for potential entry points.
Risk Management: Place a stop-loss around $21.50 to minimize risk in case of a reversal.
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