$MLN /USDT SHORT TRADE SIGNAL – BEARISH FADE FROM 10.48 RESISTANCE
Price surged into the $10.48 resistance but was swiftly rejected, forming a strong upper wick and reversing back below $9.00. Selling pressure now dominates the 30-min chart, and the structure is shifting bearish after multiple lower highs.
Trade Setup:
Entry Zone: $8.90 – $9.10
Take Profit (TP): $8.40 / $7.95 / $7.50
Stop Loss (SL): $9.60
Why Short?
After failing to hold above the psychological $10 level, MLN saw a heavy selloff. The failed breakout, long upper wick, and transition to a lower high pattern confirm short-term bearish control. If price breaks below $8.50, momentum could accelerate further.
Risk Management Tip:
Stick to the SL and use position sizing—market is volatile and can quickly reverse if $BTC rallies.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
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Be early, be profitable! Tap in before the market leaves you behind — this is the time to ride the trend!
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