$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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