🔻 $MTL Bearish Breakdown, Momentum Fading Fast! ⚠️
MTL is struggling to reclaim short-term resistance after breaking below $0.800. Repeated rejection wicks and growing sell volume show sellers tightening grip short setup is in play as price forms lower highs on the 30M chart.
📉 Short Trade Setup
• Entry Zone: 0.775 – 0.785
• Target 1: 0.750
• Target 2: 0.728
• Target 3: 0.705
• Stop Loss: Above 0.795
📌 Key Insight: Watch for a weak bounce near $0.780 ideal zone to enter. Bearish structure remains intact unless $0.795 is flipped. Trail stops after TP1 if volume confirms continuation.