#PowellRemarks 📈 $MTL 30-Min Chart Analysis
Range Breakout: If it was stuck between, say, $1.20–$1.35 and just broke above $1.35 with momentum, that’s a bullish breakout.
Volume Confirmation: Strong volume behind the green candle = smart money entry.
Structure: Likely a breakout from a bullish consolidation (flag, wedge, or box range).
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🧠 What This Might Signal
Short squeeze potential if many traders were shorting the range top.
High timeframe alignment: If the 1H or 4H shows bullish structure too, this could be the start of a bigger leg up.
Momentum rally into resistance (watch the next major supply zone — possibly around $1.50 or $1.65).
