$MLN Ignites Like a Rocket Can It Break $9 Next? . 🔹 Pair: | Samia 999 on Binance Square

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$MLN Ignites Like a Rocket Can It Break $9 Next?.
🔹 Pair: MLN/USDT
🔹 Setup: LONG
🔹 Entry Zone: $8.30 – $8.38
🔹 Stop Loss: $8.00
🔹 Target 1: $8.75
🔹 Target 2: $9.10
🔹 Target 3: $9.60
$MLN  

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Ethereum just cracked the $4,000 mark for the first time since December, riding a massive 60% jump in the past month alone. The surge has been fueled in large part by treasury-focused companies stacking up ETH at a rapid pace nearly 2 million coins since June. These firms have been raising billions through debt and equity sales and plowing that capital straight into $ETH The rally is getting an extra boost from regulators, too. Earlier this week, the SEC clarified that liquid staking doesn’t breach securities laws. That’s a big deal, it could open the door for ETH ETFs from Black. Rock, Fidelity, and Bit. wise to include staking in their offerings. What’s next for ETH prices? After bouncing from $3,470 support last week, ETH has climbed roughly 15% to break $4,000, now facing its next challenge: the heavy sell zone around $4,100, which also lines up with a long-term trendline from the November 2021 all-time high. If $ETH can clear this level, we could see it make a run toward $4,500 before attempting to retest its record of $4,868. On the flip side, bulls need to protect the $3,470 floor. A weekly close below it risks a drop to $3,220 and if that fails, the $3,000 psychological level comes into play. Momentum indicators are flashing strong bullishness, RSI is brushing the overbought line, and the Stochastic Oscillator has been parked in overbought territory since June. That’s a double-edged sword: it shows buyers are firmly in control, but it also hints that a short-term cooldown could be around the corner. #Altcoin #ETH

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