$MTL Wakes Up at 777 - Is There a Bounce Trade?
Shows early signs of reversal after reaching its bottom at $0.743.
The recent green candle at the key level of $0.777 may indicate a short-term recovery movement if trading volume continues to rise.
Long Trade Setup
Entry Area: $0.773 - $0.778
Stop Loss: Below $0.743
Target 1: $0.798
Target 2: $0.815
Target 3: $0.830
Watch for strong buying pressure to confirm the bounce.
This setup provides a good risk-to-reward ratio near the local support level.
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