$MLN

📊 MLN/USDT Technical Analysis: Holding Steady at $20.43!

The MLN/USDT pair is trading at $20.43, showing resilience near a pivotal support zone. Let’s dive into the key levels and potential trading opportunities:

Support Zone: The immediate support lies at $20.00, which has historically acted as a strong demand zone. A breakdown below this level could lead to further downside toward $19.50.

Resistance Levels: On the upside, the first resistance stands at $21.00, followed by a critical barrier at $21.50. A breakout above these levels could spark a bullish rally.

📈 Market Momentum: The price action indicates consolidation, with low volatility. A surge in volume could determine the next big move.

Trading Strategy:

Long Entry: Enter above $21.00 for a target of $21.50–$22.00, with a stop-loss below $20.70.

Short Entry: Consider shorting below $20.00, targeting $19.50 or lower, with a stop above $20.30.

The market is at a crossroads—watch closely for confirmation before taking a position. Stay disciplined and stick to your risk management! 🚀

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