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Quick analysis of MLNUSDT over 5 minutes
1. General Trend
Current price: 13.44 USDT
The overall trend is downward based on the price curve, as we notice a previous peak at 14.48 USDT, followed by a continuous decline.
The price is trading below the moving average MA60 (13.67 USDT), indicating weak upward momentum currently.
2. Nearby Support and Resistance Areas
Nearby support: 13.37 - 13.38 USDT (if broken, we may see a rapid decline).
Nearby resistance: 13.50 - 13.55 USDT (if broken, the price may move towards 13.70).
3. Liquidity and Order Volume
Strong buy orders at 13.40 - 13.37 USDT indicate a likelihood of a slight rebound.
Sell orders at 13.50 USDT may hinder rapid increases.
4. Time Analysis (Scalping over 5 minutes)
If you are looking for a quick entry, you can buy between 13.38 - 13.40 USDT and target 13.48 - 13.50 USDT.
The stop-loss can be set at 13.35 USDT.
Conclusion
Scalping strategy: Buy in the range of 13.38 - 13.40 USDT and sell at 13.48 - 13.50 USDT.
Risk: If 13.37 USDT is broken downwards, we may see further decline.
Caution is required: The market is volatile, so if the nearby resistance is not broken, a rapid decline may occur.
Do you have a specific profit target or a defined risk ratio?
1. General Trend
Current price: 13.44 USDT
The overall trend is downward based on the price curve, as we notice a previous peak at 14.48 USDT, followed by a continuous decline.
The price is trading below the moving average MA60 (13.67 USDT), indicating weak upward momentum currently.
2. Nearby Support and Resistance Areas
Nearby support: 13.37 - 13.38 USDT (if broken, we may see a rapid decline).
Nearby resistance: 13.50 - 13.55 USDT (if broken, the price may move towards 13.70).
3. Liquidity and Order Volume
Strong buy orders at 13.40 - 13.37 USDT indicate a likelihood of a slight rebound.
Sell orders at 13.50 USDT may hinder rapid increases.
4. Time Analysis (Scalping over 5 minutes)
If you are looking for a quick entry, you can buy between 13.38 - 13.40 USDT and target 13.48 - 13.50 USDT.
The stop-loss can be set at 13.35 USDT.
Conclusion
Scalping strategy: Buy in the range of 13.38 - 13.40 USDT and sell at 13.48 - 13.50 USDT.
Risk: If 13.37 USDT is broken downwards, we may see further decline.
Caution is required: The market is volatile, so if the nearby resistance is not broken, a rapid decline may occur.
Do you have a specific profit target or a defined risk ratio?
.
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Beginners can't make money.
No beginner makes money on Binance, here’s why: If there are millionaires in the crypto world, it’s because many beginners lose money, often indirectly contributing to the success of more experienced traders. Making even $1 profit on Binance without any experience, fundamental analysis skills, or a clear strategy is next to impossible. Those who enter the crypto market saying “I just want to make money” without having the right knowledge or plan are setting themselves up for failure. Easy money is often portrayed in a seductive way through terms like “crypto millionaire,” leading beginners to believe that fortunes can be achieved easily. But the reality is much harsher. For example, if a beginner bets on the Launchpool token and loses everything, they will end up frustrated, saying “I lost $600!” What they don’t know is that crypto millionaires are only possible because others lose. Market winners benefit from the liquidity of novice investors who: lack analytical skills, do not diversify their investments to manage risk, and have unrealistic expectations due to media portrayals of quick riches.
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To the experts and geniuses of trading platforms, how do you know if the currency will go up or down? #خبراء $BNB #عملات_رقمية #صاعد_حتى_القمم $SOL $BTC
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$BTC coin will it exceed 100 in early 2025 or will it fall below 90
صاعد
75%
هابط
25%
118 votes • Voting closed
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The best trading application that does not require any experience. It trades with artificial intelligence and without fatigue. All you have to do is trade once a day and the profit will come to you through artificial intelligence because it will do everything for you. Registration link in the application
https://aitlkerapp.com/#/register/9628363
$BTC $ETH $BNB
This shows the withdrawal operations that I made during the month and the trading balance that I made was only $350
https://aitlkerapp.com/#/register/9628363
$BTC $ETH $BNB
This shows the withdrawal operations that I made during the month and the trading balance that I made was only $350
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$WRX It is the cursed currency. I have not seen a decline like this since I knew about trading. Its currency is down 63.08%.
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