$MLN /USDT

🔍 MLN/USDT Trade Setup – May 30, 2025

📊 Market Snapshot

Current Price: $8.45 (+1.56%)

24h High/Low: $8.72 / $7.85

Volume:

MLN: ~370K

USDT: ~3.08M

Recent Candle Volume: 39.9K

MA(5): 23.4K

MA(10): 25.9K → 🔼 Volume spike suggests rising momentum

📈 Moving Averages

MA(7): $8.45 ✅ (price sitting right on short-term MA)

MA(25): $8.09 ✅

MA(99): $8.12 ✅

Price is above all major MAs, indicating a bullish structure. Consolidation above MA(25) is a key strength signal.

🧠 Trade Plan:

✅ 1. Pullback Long – Trend Support Entry

Entry Zone: $8.25–$8.35 (buy the dip to MA(7) or upper MA(25) zone)

Stop Loss: $7.95 (below MA99 and prior swing low)

Targets:

TP1: $8.65

TP2: $8.72 (24h high)

TP3: $8.90+ (extension)

🔍 Entry Confirmation: Bullish engulfing or hammer near $8.30 on rising volume.

❌ 2. Rejection Short – Range Fade

Only valid if price fails breakout at $8.70+

Entry: $8.70–$8.75

Stop Loss: $8.88

Targets:

TP1: $8.40

TP2: $8.20

⚠️ Look for weak breakout attempt, especially with RSI divergence or lower volume near $8.70.

🔄 Grid Strategy (Sideways Bias Optional)

Buy Grid: $8.00 → $8.30

Sell Grid: $8.60 → $8.90

Useful if price stalls between MA zones and high.

📌 Summary

BiasBullish ✅Key Support$8.10–$8.25 (MA25 & MA99)Breakout$8.72 → watch for $9.00+Risk PointBelow $7.95

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