๐ MLN is a small hidden gem on Binance and other major exchanges like Coinbase, Gate.io, and Kraken. With a tiny circulating supply of 2,665,562 MLN and a fully diluted market cap of just $53,424,254, this crypto could be a ๐ in the rough.
๐ MLN appears to be in an accumulation phase, trading within a purple rectangle range since May 2022. The white trendline has acted as a solid support so far, but it remains to be seen if it will continue to hold or if a breakdown might occur.
๐ฐ Dollar-cost averaging (DCA) into MLN at these green levels could be a smart strategy. Aim to buy around the green zones and take profits in the red zones, especially between $42 - $49.
โณ However, keep in mind that this is a weekly chart, so patience and a long-term perspective are necessary.
๐จ As always, do your own research (DYOR) and never invest more than you can afford to lose.
In summary, MLN presents an intriguing opportunity as a low-cap gem with a potentially bright future. ๐ DCA into the green zones, hold through the accumulation range, and consider taking profits around the red resistance levels. But remember, DYOR and manage your risk wisely! ๐ฏ