$MLN /USDT BEARISH MOVE IN PLAY! 🔻📉
$MLN is showing continued weakness as price drops to $7.40 (-2.63%), maintaining a bearish structure on the 4H and 1D timeframes. 📉 The trend remains pressured by sellers, with lower highs and strong rejection wicks confirming bearish momentum.
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📌 KEY LEVELS:
🔹 Resistance:
$7.60 (Major short-term resistance)
$8.10 (Breakout invalidation zone)
🔹 Support:
$7.10 (Immediate support)
$6.80 (Next major demand zone)
📍Current Price: $7.40
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🎯 TRADE SETUP – SHORT POSITION:
💥 Entry: $7.42–$7.48 (ideal retest of resistance zone)
📉 Target 1: $7.10
📉 Target 2: $6.80
📉 Target 3: $6.30 (extended bearish move)
🛑 Stop Loss: $7.65 (above resistance)
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⚠️ RISK MANAGEMENT TIP:
Use 1–2% of your capital per trade. Always respect your stop loss to stay safe in volatile markets! 🛡️📊
📉 Stay sharp, trend is your friend… until it bends! 📉
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