MLN/USDT Technical Analysis & Trade Signal 🚀
Current Price: $24.35 (+6.42%)
24h High: $27.00
24h Low: $22.53
24h Volume: 8.25M USD
Trade Signal:
Momentum: Strong bullish trend, with solid upward movement driven by increased volume. RSI suggests strength but nearing overbought, signaling possible consolidation or minor pullback.
Key Target Levels 🎯:
1. $27.00 – Primary Resistance: Watch for a breakout above this level for further upward momentum.
2. $25.72 – Support Zone: Potential retracement area. Look for a bounce to continue the trend.
3. $22.53 – Key Support: If price falls below, a deeper correction may occur. Watch for reversal signs here.
💡 Conclusion: Trade cautiously with a focus on $27.00 for breakout potential. A dip to $25.72 could provide an entry for continued bullish momentum. Stay alert around $22.53 for signs of a reversal.
Trade Momentum: Bullish – monitor volume and momentum for confirmation.
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