$MLN
USDT – WEAK FOLLOW-THROUGH AFTER SPIKE! BEARS WATCHING CLOSELY
REJECTION AT $8.50
LOWER VOLUME ON THE RETEST
$MLN touched $8.50 resistance but failed to hold gains, with price now slipping back toward $8.34. The latest candle shows a long upper wick — a classic sign of buying exhaustion near local highs.
Short Setup:
Entry: $8.34
Target 1: $8.00
Target 2: $7.70
Stop Loss: $8.55
If momentum breaks below $8.18, expect a fast retrace to key support zones. This setup favors short-term downside unless bulls step in aggressively.
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