$MLN /USDT BULLISH BREAKOUT | READY FOR THE NEXT LEG UP!
Current Price: $9.20
24h Change: +19.64%
Technical Analysis
MLN/USDT has surged with strong volume, indicating momentum behind the move. Price has broken above the key resistance at $8.50, turning it into fresh support, and is now testing the psychological zone around $9.20–$9.50. A confirmed breakout above $9.50 could open the path for further upside.
Key Levels
Resistance Levels:
$9.50 – Immediate resistance
$10.80 – Target 1
$12.00 – Target 2
Support Levels:
$8.50 – Recent breakout zone
$8.00 – Strong swing low
Trade Setup: LONG Entry
Entry: On breakout and 15m candle close above $9.50
Targets (TP):
TP1: $10.80
TP2: $12.00
Stop Loss (SL): $8.50 (below the breakout level)
Risk Management
Use 1-2% of your capital per trade
Maintain Risk/Reward ratio of 1:2 or better
Always wait for confirmation before entering
Momentum is on the bulls’ side – but discipline is key! 🔒
#CryptoTrading #MLNUSDT #TechnicalAnalysis #Altcoins #Write2Earn $MLN