🟢 $MLN LONG SETUP — Bounce Setup After Capitulation Flush 📈
📍 Entry Zone: 2.163 – 2.170
🛡️ SL: 2.040
🎯 TP1: 2.35
🎯 TP2: 2.55
🎯 TP3: 2.80
MLN is attempting to stabilize after a brutal flush lower, but the broader structure continues holding above key support.
Selling pressure appears increasingly exhausted around the current range, while buyers continue defending bids instead of allowing deeper continuation lower.
The recent capitulation wick suggests panic selling may already have been absorbed by stronger hands.
👉 Capitulation stabilization + buyer defense = bounce continuation setup
When price stabilizes after an aggressive liquidation move like this, it often leads to a sharp relief squeeze as shorts begin covering and sidelined buyers step back into the market.
If the current support zone continues holding, upside continuation toward the higher target levels becomes increasingly likely.
Trade $MLN Here 👇📈
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⚠️ Not financial advice. Trade at your own risk.