🚀 $MLN /USDT – Enzyme Price Action
Current Price: $9.22
24h Change: -5.14% ⚠️
After consolidating around $9.70 – $10.00, MLN has experienced a pullback. Sellers are currently in control, but the $9.20 – $9.25 zone could act as strong support. This may offer a potential buying opportunity if bullish momentum returns.
Key Levels & Trade Setup:
Entry Zone: $9.20 – $9.25
Take Profit 1: $9.50
Take Profit 2: $9.80
Take Profit 3: $10.00
Stop Loss: $9.05
Watch for a volume increase near support as confirmation of a potential rebound. Buying in stages can help manage risk effectively.
The trend shows a recent downward pullback with potential for reversal. $9.20 now acts as immediate support, while $9.50 – $9.80 are key resistance zones. Place stop loss just below support to limit potential losses.