$MLN /USDT (Perpetual) – Market Snapshot
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Current Price:
→ $8.74 (-2.89%)
Mark Price:
→ $8.74
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24H Overview:
High: $9.18
Low: $8.64
24h Volume (MLN): 822.3K
24h Volume (USDT): $7.35M
→ Mild pullback after a recent high test. Still within the recent range.
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Moving Averages (Trend Insight):
MA(7): $8.71
MA(25): $8.84
MA(99): $8.94
→ Short-term average > price, slight bearish pressure.
→ Mid-term & long-term averages still above, suggesting some ongoing downtrend cooling off.
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Volume Snapshot:
Live Volume: 7,023
MA(5): 6,224
MA(10): 9,240
→ Volume is normalizing, no major spike or sell-off pressure right now.
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Key Levels:
Resistance:
$8.89 – $9.08: Layered short-term resistance
$9.18: 24h high, breakout level
Support:
$8.64: Recent low, key intraday support
$8.50 – $8.40: Next demand zone
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Trade Ideas:
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Bias:
Neutral-Bearish near-term, shifting if $9.20 breaks.
MLN is in a sideways consolidation after a pullback, and unless bulls push above $9.18 with volume, it may keep ranging between $8.60 – $9.10.
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