Caption:
What goes up... must come down. 📉
$MLN USDT is experiencing the other side of a parabolic move. After a massive +48.57% pump last week, a -37.76% drop today is the classic "blow-off top" retrace.
The Reality Check:
· The Pump: +48.57% (7D) was unsustainable.
· The Drop: -37.76% (Today) is the market finding equilibrium.
· Key Support: The price is now testing the MA(7) at 8.341. This is the line in the sand.
This is not necessarily the end of the bull run, but it is a brutal reminder to take profits and manage risk.
Did you secure your gains?
$MLNUSDT #PavelDurov #TradingTales #ProfitTaking #TradingTales #crypto
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