Analysis:
MILK is forming a bullish setup with the 50 SMA crossing above the 200 SMA (Golden Cross), signaling potential long-term strength. The price is holding above a rising trendline from the $0.1020 low, with $0.1213 testing the 0.618 Fibonacci retracement of the recent swing ($0.1020–$0.1651). MACD shows bullish divergence, and accumulation at $0.12–$0.13 looks solid. A break above $0.135 could trigger a rally toward $0.1651.
Trade Setup:
Entry: Buy on pullback to $0.1180–$0.1200 (trendline retest).
Stop Loss: $0.1130 (below trendline).
Target: $0.1493 (TP1), $0.1651 (TP2).
Risk-Reward Ratio: ~1:4.
Note: Monitor for sustained volume and BTC stability to confirm the move. DYOR.
Trade Setup:
Entry: Buy on pullback to $0.1180–$0.1200 (trendline retest).
Stop Loss: $0.1130 (below trendline).
Target: $0.1493 (TP1), $0.1651 (TP2).
Risk-Reward Ratio: ~1:4.
Note: Monitor for sustained volume and BTC stability to confirm the move. DYOR.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.