$MLN recently made a strong impulsive move up toward the $3.80 area, but the price is now facing clear rejection around the $3.48 resistance zone. The market is showing signs of weak momentum and potential bearish continuation after the sharp rally.
If the price fails to reclaim the $3.48–$3.50 resistance, a pullback toward lower support levels is likely.
Entry Zone: $3.42 – $3.48 (Short)
Target 1: $3.30
Target 2: $3.20
Target 3: $3.15
Stop Loss: $3.62
$MLN
If the price fails to reclaim the $3.48–$3.50 resistance, a pullback toward lower support levels is likely.
Entry Zone: $3.42 – $3.48 (Short)
Target 1: $3.30
Target 2: $3.20
Target 3: $3.15
Stop Loss: $3.62
$MLN