📊 MLNUSDT (4H) — Monitoring Token Drops 30% – Testing Critical Support Zone 📉
$MLN crashed from 4.53 to 2.93 as sellers took control. Volume hit 1.30M tokens ($4.62M USDT). RSI is approaching oversold. Two clear scenarios to watch. 🎯
🔑 Key Levels <—> $MLN 🚀
Resistance: 3.03 / 3.46 (major) | Next: 3.89–4.33
Support: 2.88 (main) | Next: 2.59–2.30
🚀 Scenario A — Relief Bounce (Spot)
If 4H close > 3.03 with volume support
Targets: 3.46–3.89
Invalidation: back below 2.90
🛡️ Scenario B — Continued Sell‑off (Spot)
If price breaks below 2.88 with volume
Targets: 2.59–2.30
Invalidation: reclaim above 3.00
🚀 Futures Action Zone — High Risk, High Volatility 📊
📈 Long: 2.90–2.95 → TP 3.20–3.50 | SL 2.80
📉 Short: 3.20–3.30 → TP 2.95–2.80 | SL 3.45
👉 Access this trade setup here 👇
⚠️ Risk Note: Monitoring tokens have low liquidity and sharp wicks — keep position size small and use a strict stop loss. (NFA)
🔥 BTC and XRP are holding key levels – if they stay stable, it may help altcoins like MLN find a bottom. Keep both on your radar. 👀
👇 Will you wait for a reclaim above 3.03 or look for a bounce near 2.88?