$MLN /USDT Trading Strategy

Market Insight: $MLN /USDT is showing strong bullish momentum with a +19.57% price increase in the last 24 hours. The price has broken above the upper Bollinger Band (UP: 9.677), indicating high volatility and potential overextension in the short term. Volume is rising, supporting the uptrend.

Entry:

Buy Range: $9.80 – $10.20

(Ideal to wait for a minor pullback near the previous resistance at 10.10 turning into support)

Targets:

Target 1: $10.80 – Intraday resistance zone

Target 2: $11.30 – Extension above current mark price

Target 3: $12.00 – Psychological round number + potential FOMO-driven spike

Stop Loss:

$9.20 (below previous support and mid-Bollinger Band at 8.14)

Key Levels:

Support: $9.22 / $8.35 / $7.48

Resistance: $10.80 / $11.30 / $12.00

Pivot Zone: $10.10 – previous high and breakout level

Pro Tip:

If entering at current levels, trail your stop-loss as price breaks each resistance. MLN is prone to quick moves—tight management is key. Watch for volume confirmation on breaks above $10.80 for high-conviction scalps or swing entries.

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