$MLN

/USDT BULLISH REVERSAL SETUP

Enzyme ($MLN) is showing strong signs of a bullish reversal after rebounding from the $5.80 support zone. Buyers have stepped in with increasing volume, pushing price back above the key $6.30 level — an important signal that short-term momentum may shift upward.

Entry Zone: $6.30 – $6.45

Targets (TP):

TP1: $6.80

TP2: $7.00

TP3: $7.40

Stop Loss (SL): $6.00

Technical Outlook:

On the 4H chart, MLN has formed a rounded bottom pattern, indicating accumulation and a potential trend reversal. RSI is crossing above the midline, suggesting growing bullish momentum. A sustained close above $6.50 could trigger the next leg toward the $7.40 resistance zone.

A breakout confirmation with strong candle close and volume would reinforce the bullish scenario. However, if price fails to hold above $6.00, it may retest lower support near $5.70 before another move higher.