$MLN /USDT BEARISH MOVE IN PROGRESS: REJECTION SEEN NEAR SUPPLY ZONE!
The $MLN /USDT pair is once again facing selling pressure near the $9.30 resistance area after a slight recovery. Sellers stepped in strongly, and the price is struggling to maintain upward momentum, indicating a potential further drop towards support zones if $9.20 breaks.
Trade Setup:
Entry (Short): $9.25 - $9.30
Take Profit (TP): $9.00 / $8.80
Stop Loss (SL): $9.45
Market Outlook:
MLN is displaying signs of bearish exhaustion at resistance levels. Failure to break above $9.30 decisively could drag the price back towards the $9.00 and $8.80 zones. Risk management is key in this volatile environment.
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