technical analysis and trade signal for $MLN 💯🔥

/USDT:

$MLN /USDT – Technical Analysis & Trade Signal

Current Price: 8.30 USDT

Trend: Mild bullish momentum (+2.09%)

24h Range: 7.96 – 8.35 USDT

Volume: 1.17M USDT (decent liquidity)

Technical Outlook:

Price is pushing toward resistance near 8.35 USDT, close to 24h high.

Support is well-established at 7.96 USDT.

Price action suggests a bullish consolidation; breakout potential if volume increases.

📈 Trade Signal – Bullish Bias

Entry Zone: 8.25 – 8.30 USDT (on breakout continuation)

Stop Loss: 7.95 USDT (below key support)

🎯 Target Levels:

Target 1: 8.50 USDT – short-term resistance

Target 2: 8.75 USDT – prior swing high area

Target 3: 9.10 USDT – strong resistance zone

📊 Trade Momentum:

Moderate bullish momentum building. A confirmed breakout above 8.35 USDT with strong volume could accelerate a move toward 8.50+. Momentum is healthy but not overextended.

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