$MLN Conversely, the immediate resistance is situated near 3.42 USDT, marked by previous peaks. Sellers have actively entered the market at this point, creating a barrier to further price appreciation. A successful break above this level could potentially signal an upward trend. Traders should monitor the price action closely at these key levels, looking for patterns like bullish or bearish candlestick formations, increases in trading volume, and confirmations from other technical indicators to gauge the strength of the breakout and make informed decisions.

​This technical analysis should be used in conjunction with other fundamental and sentiment analysis to get a comprehensive understanding of the market. Market dynamics are subject to change, and these levels might be violated. Always use appropriate risk management and do not rely solely on technical analysis. Happy trading! 📈📉🚀

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MLN

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