$MTL /USDT
š Market Insight:
$MTL is currently trading at $0.790, up +3.40% over 24h. The price recently touched a high of $0.832, showing bullish momentum, but the Parabolic SAR at $0.832 indicates a potential reversal or resistance area. Volume is moderate, suggesting controlled upward movement.
š° Entry:
Buy Zone: $0.760 ā $0.790
(Accumulating on minor dips below current price could offer a favorable risk/reward.)
šÆ Targets:
Target 1: $0.811 (Short-term resistance)
Target 2: $0.832 (24h High & SAR zone)
Target 3: $0.860 (Extended breakout level if volume supports)
š Stop Loss:
Hard Stop: $0.735
(Below 24h low and key support ā a breakdown here invalidates bullish structure.)
š§ Key Levels:
Support: $0.743 / $0.735
Resistance: $0.811 / $0.832 / $0.860
Pivot Point: $0.790
š” Pro Tip:
If MTL closes above $0.832 with increased volume, it may initiate a stronger uptrend. Trail your stop-loss just below each support level to lock in profits as it moves up.
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