$MLN /USDT Trade Setup & Analysis

Current Price: $8.12

24h High: $8.50

24h Low: $7.70

24h Volume: 322,289 MLN

Analysis:

MLN is recovering from the $7.70 support and trading around $8.12. The price attempted to break $8.50 but faced resistance. If the price holds above $8.00, a retest of $8.50 is possible. Sustained buying can lead to a breakout towards $8.80. A drop below $7.82 may trigger further downside to $7.63.

Trade Setup:

Entry: $8.05 – $8.15

Stop Loss: $7.82

Target 1: $8.36

Target 2: $8.50

Target 3: $8.80

$MLN