$MTL
BULLISH MOMENTUM BUILDING ABOVE SUPPORT
$MTL is holding above the 0.438 support zone, showing bullish pressure on short-term timeframes. Consolidation near 0.484 suggests accumulation, with potential for continuation toward key resistance levels. Volume patterns indicate buying strength, supporting the likelihood of an upward move.
Targets:
TP1: 0.500
TP2: 0.520
TP3: 0.540
Stop Loss (SL): 0.460
Analysis: Maintaining above the support zone keeps the bullish bias intact. A breakout above 0.500 can accelerate momentum toward higher resistance zones. Pullbacks near 0.470–0.480 may offer optimal entry points for bullish positions.
Risk Management: Keep position size moderate and strictly follow SL to manage potential losses.
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