$MLN /USDT BEARISH BREAKDOWN – SHORT SETUP CONFIRMED
MLN has failed to hold above key support levels, confirming a bearish continuation after heavy sell pressure. The rejection near the recent swing high and a strong breakdown below the 12.50 zone suggest sellers are in full control.
Entry (Short): Below 9.80 confirmation
Targets (TP): 8.90 / 7.50 / 6.20
Stop Loss (SL): 10.90 to limit risk
Technical Outlook:
Price action shows a clear lower-high structure with increasing volume on red candles, indicating sustained bearish momentum. The next support lies near the 7.00 zone, where potential short covering may occur.
Risk Management:
Risk only 1–2% per trade, keep strict SL, and adjust position size to protect capital during volatility.
#CryptoAnalysis #BearishSetup #MLNUSDT #CryptoTrading #PriceAction