#BSCUserExperiences #Megadrop LN/USDT Technical Analysis โ March 31, 2025
๐ Current Price: $13.35 (+25.71%)
๐ 24H High/Low: $16.12 / $10.14
๐ RSI (6): 20.90 (Oversold)
๐ 24H Volume: 1.85M MLN ($23.69M USDT)
has experienced strong volatility, surging from a 24H low of $10.14 to a high of $16.12 before pulling back. The RSI at 20.90 suggests the asset is oversold, indicating a potential reversal or accumulation phase.
๐ Key Resistance & Support Levels:
โ Target 1: $14.50 โ Initial resistance, breaking this could trigger further upside.
โ Target 2: $16.00 โ Retesting 24H high, confirming bullish momentum.
โ Target 3: $18.50 โ Major resistance; a breakout could signal strong upside potential.
โ ๏ธ Support Levels:
๐ป $12.50 โ Critical support; holding above this keeps bullish sentiment.
๐ป $11.00 โ Key demand zone; losing this could lead to further downside.
Conclusion:
MLN is showing a strong bounce, but confirmation above $14.50 is needed for sustained momentum. Watch for volume increase and RSI recovery for bullish confirmation.
๐ Whatโs Next? If MLN breaks above $16.00 with strong volume, the next major target is $18.50+. Stay updated and trade wisely!
#Binance #MLN #Crypto #TechnicalAnalysis ๐ฏ