【$MLN Signal】Multiple momentum fading, waiting for a pullback to go long

$MLN RSI 1H 69.98, 1H/4H MACD positive bars expanding but price touched the upper Bollinger Band at 3.75 and then pulled back to 3.6.
Buy order depth ratio 1.17, sparse orders at high levels.
🎯Direction: Long (waiting for a pullback to place orders)
⚡Entry: 2.963
🛑Stop loss: 2.939
🚀Target 1: 3.614
🚀Target 2: 3.629
🛡️Trade management: Reduce 50% at Target 1, move stop loss to break-even; exit if price drops below 2.939.
1H price hits a new high but MACD bars do not confirm a new high; 4H OI remains stable with no funding rate reference. After a sharp rise, the order book depth appears somewhat thin, so caution is advised when chasing longs.
Check real-time market 👇 $MLN
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