🚀 $MLN /USDT – Explosive Breakout in Motion! 🔥📈
$MLN has fired up with a sharp +10.26% move, currently trading at $7.52, after breaking out of a tight consolidation range between $7.00–$7.20. A strong bullish engulfing candle above $7.50 with surging volume signals a high-conviction breakout and opens the door for further upside.
📊 Trade Setup: • Entry Zone: $7.30– $7.45
• Target 1 (TP1): $7.75
• Target 2 (TP2): $8.10
• Stop Loss (SL): $7.28
⚡ Technical View:
Momentum is accelerating with bullish volume, and structure favors continuation above the $7.50 mark. As long as price holds above this breakout zone, buyers remain in control.
🛡 Risk Note:
Break below $7.28 could invalidate the breakout — stay disciplined with SL and size accordingly.
🔄 Strategy Breakdown:
This setup captures a textbook breakout from accumulation. The clean impulse from support, volume expansion, and confirmation above resistance offer a strong setup for intraday and swing traders.
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