$MLN Breakout Surge from $8.34 Eyes on the $10 Mark

Current Price: $9.03 (+4.63% 24h)

24h Range: $8.34 – $9.29

Volume: 237K MLN (~$2.11M USDT)

Today’s Gain: +5.49% | 7D: +16.37%

Technical View

MLN has staged an impressive rally from $8.34, peaking at $9.42 before a minor pullback. The momentum remains bullish, supported by increasing buy-side pressure (55.92% in the order book).

Key Levels to Watch

Support Zone: $8.80 – $8.85

Immediate Resistance: $9.30 – $9.42

Next Bullish Target: $9.70 – $10.00 on strong breakout

Bearish Risk: Failure at $9.30 could see a retest of $8.85

Trade Setup

Bullish Entry: Above $9.42 with volume confirmation

Stop Loss: Below $8.85

Targets: $9.70 → $10.00

Bearish Play: Short if price rejects $9.30 and breaks $8.85, targeting $8.60

This setup combines a trend-continuation breakout with a clear risk management plan, ideal for traders aiming to catch MLN’s next big move.