$MTL is currently exhibiting a bullish market structure, trading at 0.698 USDT.
With support at 0.675 USDT and resistance at 0.7 USDT, a breakout above resistance could signal a strong buying opportunity.
The RSI of 62.76 indicates upward momentum, but caution is advised as Bitcoin’s fluctuations can impact altcoin movements significantly.
Traders might consider a breakout strategy while monitoring macroeconomic events for potential volatility.
