$MTL
MTLUSDT: Metal Momentum—Will MTL Get Forged by Bulls or Melt in the Zone?
MTLUSDT trades at 0.6300, grinding for recovery after a selloff and now staring at sturdy resistance near 0.7020. MACD flickers for a bounce while volume rises, but only a breakout with muscle sets the trade in motion.
Entry: Go long above 0.7020 if a punchy green candle and strong buy volume shatter resistance.
Target: 0.8000 (next big supply shelf and classic round magnet).
Stop Loss: Place below 0.6000 to keep risk tight and dodge sudden bear hammers.
My View:
MTLUSDT looks ripe for a reversal, but only movement above resistance will draw in real buyers. Patience is key—let the bulls prove their power before jumping on the ride.
Disclaimer: For educational clarity—confirmation is gold, hard stops shield wallets, and narratives alone don’t pay.
