$MLN šThe Most Asymmetrical Trade on Binance Right Nowš
Current price: $7.10
24h performance: +34.43%
24h volume: $104M
Open Interest: $5.3M
Funding rate: ā1.47% (shorts paying longs aggressively every 4 hours)
What Iām seeing live on the MLNUSDT Perpetual chart and order book:
ā Strong bid stacking from $7.00 ā $7.10 (hundreds of thousands of USDT sitting there)
ā Every sell wall above $7.10 is getting absorbed within seconds
ā Massive short squeeze in progress ā funding is already the most negative Iāve seen on any top-100 perpetual this cycle
ā Historical precedent: in the 2021 cycle MLN ran from ~$4 to $290 (72Ć) on far weaker fundamentals
Why this move has legs:
⢠Enzyme is one of the oldest and most respected on-chain asset management protocols (live since 2020)
⢠Backing from Binance Labs, Coinbase Ventures, and multiple Tier-1 institutions
⢠Fully diluted market cap still under $200M while competitors in the same niche trade 5ā15Ć higher
⢠On-chain activity and TVL trending higher since Q3 2024
My personal conviction:
This is the highest risk/reward setup Iāve seen in months.
I have re-entered a significant long position in the $6.9ā$7.1 zone and intend to hold through the next major leg higher-timeframe breakout.
Conservative price targets for this cycle:
$18 ā $34 ā $65+
(Thatās 2.5Ćā9Ć from current levels with extremely favorable funding tailwinds)
Iām sharing this because I believe transparency builds trust.
No giveaway, no ālike & repostā ā just pure alpha for those who do their own research and act decisively.
If youāve been waiting for a high-quality DeFi name that is still undervalued and technically breaking out, this is it.
NFA. Trade responsibly.
But some opportunities only come around once per cycle.

