mlnusdt
2,655 views
8 Posts
Hot
Latest
đ MLN Primed for a Breakout : Inverted H&S Signals Potential Bullish Move
#MLN/USDT #MLN #mlnusdt #BinanceSquareFamily
#CryptoMarketTrend
Key Observations :
Inverted H&S Pattern : MLN is completing a bullish inverted head and shoulders (H&S) pattern, a strong indicator of potential upside.
EMA Crossovers : The 50 EMA is crossing above the 100 EMA, with the 200 EMA close behind, reinforcing bullish sentiment.
Market Dependence : Move is contingent on BTC and ETH stability, emphasizing the importance of market-wide trends.
Technical Setup
Support Levels :
$16.50 (base of the H&S pattern).
$15.00 (key psychological level).
Resistance Levels :
$19.00 (neckline of the H&S pattern).
$21.50 (target on breakout).
Pro Tip for Investors :
Wait for Confirmation : Only enter after MLN breaks and closes above the $19.00 neckline on higher timeframes.
Monitor Market Conditions : BTC and ETH stability are crucial. Avoid entry during high volatility in major assets.
Risk Management : Use a stop-loss below $16.50 to minimize downside exposure.
Conclusion :
MLN appears ready for a significant move, driven by a robust technical setup. A confirmed breakout above the neckline could lead to a sharp rally, with $21.50 as the initial target. However, broader market conditions must align for the rally to sustain.
đĄ Advice to Investors :
Stay patient and focus on confirmation signals. If BTC or ETH turns volatile, sit on the sidelines until clarity emerges. Proper risk-reward setups and disciplined execution are essential for navigating this opportunity.
#MLN/USDT #MLN #mlnusdt #BinanceSquareFamily
#CryptoMarketTrend
Key Observations :
Inverted H&S Pattern : MLN is completing a bullish inverted head and shoulders (H&S) pattern, a strong indicator of potential upside.
EMA Crossovers : The 50 EMA is crossing above the 100 EMA, with the 200 EMA close behind, reinforcing bullish sentiment.
Market Dependence : Move is contingent on BTC and ETH stability, emphasizing the importance of market-wide trends.
Technical Setup
Support Levels :
$16.50 (base of the H&S pattern).
$15.00 (key psychological level).
Resistance Levels :
$19.00 (neckline of the H&S pattern).
$21.50 (target on breakout).
Pro Tip for Investors :
Wait for Confirmation : Only enter after MLN breaks and closes above the $19.00 neckline on higher timeframes.
Monitor Market Conditions : BTC and ETH stability are crucial. Avoid entry during high volatility in major assets.
Risk Management : Use a stop-loss below $16.50 to minimize downside exposure.
Conclusion :
MLN appears ready for a significant move, driven by a robust technical setup. A confirmed breakout above the neckline could lead to a sharp rally, with $21.50 as the initial target. However, broader market conditions must align for the rally to sustain.
đĄ Advice to Investors :
Stay patient and focus on confirmation signals. If BTC or ETH turns volatile, sit on the sidelines until clarity emerges. Proper risk-reward setups and disciplined execution are essential for navigating this opportunity.
Today, Enzyme ($MLN ) is demonstrating strong bullish momentum, with its price rebounding after confirming support at $14.34. This development indicates the potential for a significant rally ahead. As confidence in $MLN grows, reaching the next target of $22.64 appears increasingly achievable. The previous rally yielded gains of 140%, highlighting the tokenâs potential for substantial returns.
#MLN/USDT #mlnusdt #BTC500K #SCRSpotTradingOnBinance
#MLN/USDT #mlnusdt #BTC500K #SCRSpotTradingOnBinance
Coin : #mlnusdt
Spot coin MLN
Entry price: 15.20 - 15
Target 1: 15.70
Target 2: 16.20
Target 3: 16.80
I am Not using Sl because this coin gives wicks
#CPI_BTC_Watch #DOGSONBINANCE #BNBChainMemecoins #TON
Spot coin MLN
Entry price: 15.20 - 15
Target 1: 15.70
Target 2: 16.20
Target 3: 16.80
I am Not using Sl because this coin gives wicks
#CPI_BTC_Watch #DOGSONBINANCE #BNBChainMemecoins #TON