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#MLN #Trading Analysis #Spot Trade
It looks like you're keeping an eye on the $MLN (Melon Protocol) with a solid trade setup! Here's a breakdown of your analysis:
🏵️**Trade Setup:**
🥀**Entry**: $13.80 - $14.30 (Buy on dips)
🥀**Target**: $15.80 - $16.90 (Short-term breakout potential)
🥀**Exit**: Set a stop-loss below $13.50 to manage risk
You're focusing on a bullish trend in the DeFi sector with strong momentum. If volume continues to support the move, there may be a further price increase. Just be cautious of the stop-loss level to avoid unnecessary losses if the trend reverses.
Good luck with your trade! Let me know if you'd like to fine-tune the strategy or need any additional info!