$MLN /USDT – Bullish Momentum with Higher Targets on the Horizon

#Melon (MLN) has seen a noticeable increase, rising by 27.76% in the last 24 hours and is currently trading at $11.00. The price has shown strong bullish momentum after recording a low at $8.45 and reaching a 24-hour high of $12.23. These strong breakouts indicate that buyers are in control, pushing the price towards key resistance levels. Given the current price action and ongoing buying pressure, the next target is at $12.00, where traders should monitor for potential resistance and profit-taking.

Traders looking to capitalize on this momentum should keep an eye on the ongoing trading volume and the possibility of breaking above $12.00. If bullish sentiment continues, MLN may push beyond this target, with additional upside potential. However, a pullback to the $10.50-$10.60 area may provide a buying opportunity before another upward move. It is essential to manage stop-loss orders carefully to protect profits, especially if volatility increases near resistance levels.

Buy and trade here on $MLN