BullishBanter
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๐ $MLN /USDT LONG TRADE SIGNAL โ BULLS TAKING CONTROL
๐ Entry Price: $9.00
๐ฏ Target 1: $10.50
๐ฏ Target 2: $11.20
๐ฏ Target 3: $12.00
๐ Stop Loss: $8.40
Why Long?
Melon Protocol ($MLN) is surging with strong momentum, currently up 14.74%, after an explosive breakout above key resistance. The price action is forming higher highs and higher lows, a strong indicator of continued bullish momentum. Volume has spiked significantly, signaling increased buying pressure, pushing MLN toward higher levels.
If $MLN sustains above $9.50, we could see further upside movement, potentially triggering FOMO buying that could drive it toward $11.20 and beyond. However, a pullback to $8.50-$8.70 could offer a strong re-entry zone for bulls. Watch for a breakout above $10.20 to confirm further continuation toward our targets.
โ ๏ธ Risk Management Tip: Adjust stop-loss levels once the first target is reached to lock in profits and minimize downside risk. Trade smart ..
#mln
๐ Entry Price: $9.00
๐ฏ Target 1: $10.50
๐ฏ Target 2: $11.20
๐ฏ Target 3: $12.00
๐ Stop Loss: $8.40
Why Long?
Melon Protocol ($MLN) is surging with strong momentum, currently up 14.74%, after an explosive breakout above key resistance. The price action is forming higher highs and higher lows, a strong indicator of continued bullish momentum. Volume has spiked significantly, signaling increased buying pressure, pushing MLN toward higher levels.
If $MLN sustains above $9.50, we could see further upside movement, potentially triggering FOMO buying that could drive it toward $11.20 and beyond. However, a pullback to $8.50-$8.70 could offer a strong re-entry zone for bulls. Watch for a breakout above $10.20 to confirm further continuation toward our targets.
โ ๏ธ Risk Management Tip: Adjust stop-loss levels once the first target is reached to lock in profits and minimize downside risk. Trade smart ..
#mln
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