$MLN has experienced a significant surge, reaching $9.07 and showing a 4.06% increase. This upward momentum is driven by strong buying pressure, with the price bouncing sharply from its 24-hour low of $8.46 and currently trading at 8.97.
*Key Levels to Watch:*
- *Immediate Support:* $8.80 - a crucial level to maintain for continued upward momentum
- *Major Support:* $8.50 - a significant level that could determine $MLN next move
- *Resistance Zone:* $9.10-$9.50 - breaking above this range could signal further gains
*Trading Strategy:*
- *Re-entry Zone:* $8.90-$9.00 - consider entering long positions within this range
- *Targets:*
- *TP1:* $9.10
- *TP2:* $9.50
- *TP3:* $10.50
- *Stop Loss:* $8.50 - to limit potential losses if the price drops below this level
*Market Outlook:*
A confirmed breakout above $9.10 with strong volume could accelerate $MLN momentum towards $10. With the current price action and bullish sentiment, you should monitor the key levels and adjust your strategy accordingly.