$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! 🔒

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