$MLN /USDT – Downtrend Break Incoming? 🔥💯
Current Price: $11.62 (+34.18%)
$MLN is showing signs of strength after bouncing off a key demand zone and pressing up against the descending trendline. A breakout here could shift the structure to bullish.
Key Levels:
Resistance: $12.20 (Trendline + recent highs)
Support: $11.00–$11.20 (demand zone)
24H High/Low: $15.50 / $8.51
Market Insight:
The price has printed a higher low at the support base and is now testing the trendline for a potential breakout. Volume remains steady — a breakout with follow-through could trigger a momentum shift.
Trade Setup (Breakout Play):
Entry on Breakout: $11.80–$12.00
Targets:
🎯 TP1: $13.50
🎯 TP2: $15.00
Stop Loss: Below $11.00
Pro Tip:
Watch for a clean 15m or 30m candle close above the trendline for confirmation. Otherwise, failure to break may trap longs.
MLN is Heating Up!
Breakout traders, keep your eyes on this wedge — the move could be sharp!
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