$MLN – SUPPLY ZONE HOLDS, BEARISH PRESSURE RESUMES

MULTIPLE REJECTIONS FROM KEY RESISTANCE. DOWNTREND STILL INTACT.

$MLN continues to struggle below the strong supply zone at $7.88–$7.92. After a failed recovery bounce, price has resumed its slide with lower highs and rejection at $7.82, confirming seller dominance. This consolidation at the lows suggests another wave of downside is likely.

SHORT ENTRY: $7.82

STOP LOSS: $7.92

TARGET: $7.42

As long as price remains capped below the $7.90 zone, the bears retain control and further decline looks probable.

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