### **Swing Trading Signal for $MLN /USDT**

**Signal:** **Buy**

**Entry Zone:** $11.00 - $11.30

**Take-Profit Targets:**

- TP1: $11.80 (5% gain)

- TP2: $12.20 (9% gain)

- TP3: $12.50 (12% gain)

**Stop-Loss:** $10.70 (4% risk)

**Reasoning:**

- **RSI (37.79)** suggests the asset is nearing oversold conditions, indicating a potential reversal.

- **Price near 24h Low ($10.90)** provides a strong support level.

- **Positive Momentum (+1.27%)** shows short-term bullish interest.

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### **Technical Analysis**

#### **1. Price Action & Key Levels**

- **Current Price:** $11.18 (+1.27%)

- **24h Range:** $10.90 (support) – $12.19 (resistance)

- **Immediate Resistance:** $11.50 (psychological level)

- **Strong Resistance:** $12.20 (24h high)

#### **2. Indicators**

- **RSI (37.79):** Approaching oversold, suggesting a potential bounce.

- **Volume:** Declining (94,144 vs. MA(5): 119,289), indicating weakening selling pressure.

- **Moving Averages:**

- MA(5) > MA(10), but both trending downward—caution needed.

#### **3. Market Sentiment**

- **DeFi Sector:** MLN is part of the DeFi space, which has been volatile but recovering.

- **Order Book Imbalance:** 60.10% buy-side dominance suggests bullish interest.

#### **4. Trade Setup**

- **Best Entry:** Wait for a retest of $11.00 support before entering.

- **Confirmation:** Look for rising volume and RSI reversal above 40.

- **Risk Management:** Tight stop-loss to avoid downside risk.

**Final Verdict:** **Bullish swing trade with caution—ideal for a short-term rebound play.** 🚀