$MLN /USDT – SHARP PULLBACK AFTER MASSIVE SPIKE TO $15.50

Market Analysis:

$MLN /USDT saw a 34.22% surge, hitting a high of $15.50, but faced strong rejection shortly after. Price retraced aggressively and is now stabilizing around $11.61. This sharp correction signals profit-taking after the parabolic move from $8.45, hinting at potential consolidation.

Technical Levels:

24H High: $15.50

24H Low: $8.51

Current Price: $11.61

Immediate Resistance: $12.75

Support Zone: $11.20 – $10.60

What’s Next:

A bounce from the $11.20 zone may offer a short-term recovery play. However, losing this support could drive price back to the $9.80 region. Breakout buyers should wait for a confirmed reclaim of $12.75+.

Trading Plan:

Long on support bounce: Entry $11.20–10.80

SL: $10.30

TP: $13.00 / $14.20

Re-entry on breakout: Above $12.80

Pro Tip:

Avoid FOMO. Wait for either solid support confirmation or a breakout with volume to reduce risk.

Buy and Trade here on $MLN

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