$MLN /USDT – SHORT-TERM BULLISH PULLBACK IN PROGRESS
After a steep drop from the $9.29 high, $MLN has found temporary support around the $8.38–$8.40 zone. Buyers have stepped in, pushing a small recovery candle, hinting at a possible short-term bullish retracement before the next decisive move.
Trade Setup (Long):
Entry Zone: $8.55 – $8.65
Take Profit 1: $8.85
Take Profit 2: $9.05
Stop Loss: $8.38
Market Outlook:
Momentum is mildly recovering after the sell-off, but buyers must break above $8.85 to confirm further upside. A failure to hold above $8.55 could see bears regaining control quickly.
