📊 $MLN /USDT - Testing Key Levels! 📊
Current Price: $20.72 (-1.61%)
24H High: $21.20
24H Low: $20.31
24H Volume: 37,029.58 $MLN
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🚀 Market Overview
$MLN is navigating a consolidation phase after facing resistance at $21.21. Buyers are cautiously stepping in as the price approaches support levels, setting the stage for a potential breakout or further correction.
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🔑 Key Levels to Monitor
Resistance Zones:
$21.00–$21.20: Immediate resistance level to reclaim.
$21.50–$21.70: Strong resistance for a bullish continuation.
Support Zones:
$20.50–$20.60: Crucial short-term support to maintain the trend.
$20.00–$20.20: Key psychological support to watch for dip buyers.
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🎯 Trade Setup Ideas
Long Strategy (if support holds):
Entry Zone: $20.50–$20.70
Stop Loss: $20.20
Take Profit Levels:
TP1: $21.10
TP2: $21.50
TP3: $21.80
Short Strategy (if support breaks):
Entry Zone: Below $20.20
Stop Loss: $20.70
Take Profit Levels:
TP1: $20.00
TP2: $19.50
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📈 Technical Indicators
MACD: Currently neutral but showing signs of potential recovery.
Volume: Decreasing slightly, suggesting a breakout might follow.
Trend: Consolidating with bullish bias above $20.50.
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⚠️ Pro Tip: Stay cautious near key levels and look for confirmation before entering trades. Volatility may increase as $MLN approaches critical zones.
💬 What’s your outlook for $MLN? Let’s discuss strategies below!
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