$MLN
Entry: Consider a short entry near the "Strong High" zone, around $16.00-$17.00. This is a counter-trend trade, betting on a reversal after the pump
Stop Loss: Place a tight stop loss above the "Strong High" zone, around $17.50-$18.00. This protects against a continuation of the pump
Target 1: Aim for a target around the previous consolidation area or a Fibonacci retracement level, potentially around $13.00-$14.00
Target 2: If Target 1 is reached, consider trailing the stop loss and aiming for the "Weak Low" at $8.00, but this is a much longer-term and riskier target
Confirmation: Look for bearish candlestick patterns at the "Strong High" zone, such as shooting stars, engulfing candles, or double tops. Also, watch for decreasing volume as the price approaches the "Strong High" zone
