$MLN

/USDT Technical Analysis Report – July 12, 2025

The MLN/USDT pair has shown a strong upward movement, gaining +6.02% in the last 24 hours and currently trading around $8.45. The price made a sharp bounce from its daily low of $7.63, reaching up to a high of $11.60, which reflects solid bullish momentum. This price jump shows that buyers have entered the market with strength and confidence. Trading volume for MLN reached 1.07 million, while the USDT volume surged to 10.12 million, indicating strong market participation and rising interest in the asset. This volume spike also confirms that this move is not weak or temporary — it is supported by solid demand.

At the time of writing, $8.45 is holding as a support area, while $9.18 and $10.93 are emerging as near-term resistance zones. If MLN breaks above $10.93, we may see a fresh rally toward the $11.60 to $11.80 levels in the short term. The depth chart shows strong buying interest below $9.00, suggesting that dips may be quickly bought up. On the downside, if MLN drops back toward $7.63, it could offer another good buying opportunity for short-term traders who missed the breakout. The overall chart pattern suggests a healthy uptrend with possible continuation if current levels are maintained.

This performance is exciting and gives traders a reason to stay alert. The price has broken out from previous resistance zones, which is usually a strong technical signal. MLN may enter a new bullish phase if buying pressure continues, and traders should watch for volume confirmation on any breakout above $10.93. In simple words — MLN is gaining power, and this move looks real. Short-term pullbacks are expected, but the overall structure looks bullish. Traders and investors should keep MLN on their watchlist because this coin is showing serious action and might deliver more upside in the days ahead. Stay focused — the next move could be big!