$MLN USDT – BEARS STILL IN CONTROL AS RECOVERY STRUGGLES TO GAIN MOMENTUM
After a sharp drop from 9.50 to the 8.11 low, $MLNUSDT is attempting a minor bounce but remains below the 25-MA and 99-MA, indicating that bearish pressure is still dominant. Without a decisive break above the key resistance zone, sellers are likely to push prices lower again.
Trade Setup (Short):
Entry: 8.35 – 8.45
Take Profit 1: 8.20
Take Profit 2: 8.05
Stop Loss: 8.55
Market Outlook:
Momentum remains weak, and the overall trend is bearish. If price fails to reclaim 8.55, the downside bias stays intact, with a possible retest of the 8.10 – 8.00 zone in the coming hours.
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buy and trade here on $MLN