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#MLN Explosion from $8.34 eyes on the $10 mark
Current price: $9.03 (+4.63% 24 hours )
24-hour range: $8.34 – $9.29
Size: 237K MLN (~$2.11M USDT)
Today's increase: +5.49% | 7 days: +16.37%
The technical vision
MLN achieved an impressive rally from $8.34, peaking at $9.42 before pulling back slightly. The momentum is still bullish, supported by an increase in buying pressure of (55.92% in the order book).
Main Monitoring Levels
Support Zone: $8.80 – $8.85
Immediate resistance: $9.30 – $9.42
The next bullish target: $9.70 – $10.00 on a strong breakout
Bear Risk: A failure at $9.30 may see a new test at $8.85
Trade Setup
Bullish Entry: Above $9.42 with volume confirmation
Stop Loss: Below $8.85
Goals: $9.70 → $10.00
Bear Game: Short if it rejects the price $9.30 and breaks $8.85, targeting $8.60
This setup combines a breakthrough for trend continuation with a clear risk management plan, ideal for traders aiming to capture the next big move for MLN. #BTC Hits New ATH #Circle Launches ARC #BTC Market Cap Tops Amazon #Stablecoin Supply Tops $270B