$MLN
🧪 Enzyme Finance ($MLN) is showing resilience today as it attempts to stabilize after a volatile start to the month. While the broader market remains cautious, MLN is carving out a recovery path, supported by its growing role in institutional DeFi asset management.
📊 Market
Current Price: ~$3.65 - $3.79
24h Change: 📈 +2.8% to +3.1%
7-Day Trend: 📈 +9.5% (Signs of a bottom forming)
Market Cap: ~$11.3M
TVL (Total Value Locked): ~$123.8M (Protocol health remains high)
🔍 Why Watch MLN Today?
Institutional Validation: Following its late 2025 partnership with CV5 Capital, MLN is increasingly being used to launch regulated, tokenized funds (RWAs), providing real utility beyond speculation.
Rebound from Support: After testing a local low of $2.95 earlier this month, buyers have stepped in aggressively. The price is currently consolidating above the $3.50 psychological floor.
The "Smart Money" Proxy: With over 1,000 asset vaults live on Enzyme.Blue, $MLN is becoming a primary index for decentralized hedge fund activity.
Supply Dynamics: With a low circulating supply (~2.98M), MLN is prone to high-velocity breakouts when volume returns to the DeFi sector.
📈 Technical Levels:
Immediate Support: $3.30 – $3.50. This zone must hold to maintain the current recovery structure.
Target Resistance: $3.95. A clean breakout here could trigger a fast rally toward $4.60.
Momentum: The 4-hour chart shows a "Bullish Divergence" on the RSI, suggesting that selling pressure is exhausted.🔮
🚩 Strategy: Look for entries near $3.60. A daily close above $3.95 would confirm the end of the recent downtrend.