🚀 Quick Analysis MLNUSDT (Daily Frame)
MLNUSDT is experiencing a sudden surge (+28.24% in 24h). Key price levels to watch:
⬆️ Resistance
Expected selling pressure areas:
1. 7.229 USDT: Dynamic Resistance (MA 99). This is the nearest and most important target; if broken, it will pave the way for a stronger upward trend.
2. 7.734 USDT: Major Resistance. The highest price in 24h has been established.
⬇️ Support
Expected buying pressure areas to reactivate:
1. 6.748 USDT: Current price. This price level should hold after the break-out.
2. 5.838 USDT: Dynamic Support (MA 25). A strong support level and a potential buying point if the price corrects.
3. 5.130 USDT: Important Support. This is the lowest price in 24h, representing the bottom of the current bounce.
📊 Momentum Indicator
• RSI(6): 83.695 (Strongly overbought zone). A warning about the potential for a correction or slowdown soon.
• MACD: Accelerating and just turned positive (0.186), confirming very strong short-term bullish momentum.
Summary of Strategy: The price is very strong, but the overbought RSI warns of correction risks. Need to monitor reactions at 7.229 USDT (MA 99). Maintain 5.838 USDT to sustain the upward trend.
