TradingZzone

$MULN Critical level to hold

Long
TradingZzone Updated   
NASDAQ:MULN   Mullen Automotive, Inc.
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 👌🏼🍀
Comment:
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🔥
Trade closed: target reached:
TARGET REACHED 💰💵🎊
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