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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