⚡ $MLN /USDT Breakout — Trend Flip Confirmed?
Current Price: $8.42
Momentum Shift: Strongest breakout since April, smashing long-term MA clusters.
🔍 Key Moving Averages
MA 20: $7.61 ✅
MA 50: $7.24 ✅
MA 200: $7.34 ✅
Price has blasted above all major moving averages — signaling a shift from downtrend to potential uptrend.
🎯 Target Levels
🎯 Target 1: $10.00
Round number resistance
Also local peak from April 2025
🎯 Target 2: $12.20
Previous range top from February
Could act as a strong resistance before any continuation
🎯 Target 3: $15.00
Mid-term trend reversal confirmation
Likely only achievable with consistent volume & bullish BTC
✅ Technical Notes
First candle with strong follow-through since Q1
Ideal conditions for swing trade setups above $8
Watch for volume sustainability — otherwise risk of pullback to $7.30–$7.50 zone
⚠️ Not financial advice. In fast-moving setups like this, managing risk and using stops is essential.
