đč MLN Update đč
MLN has been giving a strong pump over the past two days. However, itâs now showing signs of rejection from its rejection block. Confirmation on the lower timeframes hasnât appeared yet.
đ If the 14.45 level breaks, you can look for a short entry, targeting 11.60 first.
đ But if 14.45 doesnât break and instead 11.50 breaks downward, then you can short directly from there.
For those who trade technically, itâs better to look for an Order Block or FVG (Fair Value Gap) before entering â this way your stop-loss will be smaller and your profit potential larger.
đŻ Targets:
1ïžâŁ First Target â 9.25
2ïžâŁ Second Target â 7.70
đ Stop-loss: Just above the recent high.
Lastly, remember â profit and loss are entirely your responsibility, so always trade according to your own risk management. Itâs best to analyze the setup yourself before entering any trade.
The authorities will not be responsible for any losses.
Thank you đ
1ïžâŁ #MLNUpdate
2ïžâŁ #CryptoTrading
3ïžâŁ #TechnicalAnalysis
4ïžâŁ #AltcoinSetup
5ïžâŁ #TradeAtYourOwnRisk