$MLN /USDT Long Trade Signal – Bulls Taking Control

Entry Price: $12.50

Target 1: $13.00

Target 2: $13.75

Target 3: $14.50

Stop Loss: $11.20

Why Long?

Melon (MLN/USDT) is showing strong bullish momentum, currently up 14.16%, with a breakout above key resistance levels. The price structure is forming higher highs and higher lows, indicating a solid uptrend. A notable increase in trading volume suggests strong buying pressure, positioning MLN for further upside.

If MLN sustains above the $12.50 level, it could attract more buyers, pushing the price toward $13.75 and potentially reaching $14.50. However, if the price retraces, strong support is expected near the $11.20 level, providing a solid buying opportunity. Traders should monitor for a confirmed breakout above $13.00 to ensure momentum toward higher targets.

Risk Management Tip: Consider adjusting stop-loss levels after achieving the first target to secure profits and minimize potential losses.

Buy and Trade here on $MLN