$MLN Breakout Rally Eyes the $10 Zone
Current Price: $9.00 (+4.63% 24h)
24h Range: $8.34 – $9.29
Volume: 237K MLN (~$2.11M USDT)
Today’s Gain: +5.49% | 7D Performance: +16.37%
Market Outlook:
MLN has delivered a strong breakout from $8.34, pushing up to $9.42 before a slight pullback. Buyer activity remains dominant, with over 55% buy orders in the book, signaling sustained bullish sentiment.
Key Price Levels:
Support: $8.80 – $8.85
Immediate Resistance: $9.30 – $9.42
Bullish Target: $9.70 – $10.00 on a decisive breakout
Bearish Risk: Rejection at $9.30 could drag price back toward $8.85
Trade Strategy:
Bullish Plan: Enter above $9.42 with strong volume confirmation
Stop Loss: Below $8.85
Targets: $9.70 → $10.00
Bearish Setup: Short if price fails at $9.30 and breaks $8.85, aiming for $8.60
With bullish momentum intact and clear technical levels in play, MLN’s next leg could push toward double digits—provided the breakout holds.