$MLN USDT BEARISH DUMP – SELLERS CRUSHED THE BOUNCE
$MLN USDT faced a strong rejection from 6.97, crashing down to 6.76 before a minor recovery to 6.84. The heavy bearish candle shows strong selling dominance, indicating the market may revisit lower levels if this weakness continues.
🔻 TRADE SETUP (SHORT)
Entry Zone: 6.85 – 6.80
Targets:
🎯 TP1: 6.75
🎯 TP2: 6.65
Stop Loss: 6.95
📊 MARKET OUTLOOK
MLN remains under bearish pressure after a steep sell-off with only a weak bounce visible. Failure to reclaim 6.90 quickly will keep sellers in control, potentially driving the price further down. Wait for minor pullback rejections before entering shorts.
⚠️ RISK MANAGEMENT:
Always use a strict stop-loss to manage risk and never risk more than 2% per trade in such volatile moves.
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