Last time I warned you about the coming crash when MULN was above $0.77 and as you can see it plunged all the way from $0.77 to 0.$52 today
What next? I don't think the support level at 0.52 is going to break fast and i expect a bounce , if you FOMO trader you can just buy at support level and set a SL below this support for swing trade (Risk of 2% high R) But i think it's better to wait for a confirmation in daily TF.
Anyway, if it breaks the ~0.52 support and closes far below, that could be a bad signal, and I'll update my chart accordingly ..
Good luck everyone 👌🏼🍀
Note
Well.. as you can see support has broken.. I Shorted from 0.75 and from 0.52 (easy money with low risk)
Short target could be $0.26 (or even lower)
Trade active
Almost hit my target at 0.26 Target will be achieved sooner or later🔥
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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.