$MTL

/USDT: Bullish Momentum Unfolding! 🚀

MTL is showing strong signs of a bullish breakout, currently trading at $1.192 (+6.33%). With increasing volume and solid market depth, we’re eyeing some exciting targets for this infrastructure-focused gem.

Technical Analysis

The chart indicates a potential breakout, supported by rising RSI and MACD signals. Let's dive into the key levels:

Target 1: $1.30 🎯

Resistance from the recent 24h high.

Breaking this could confirm a short-term bullish trend.

Target 2: $1.45 🎯

Previous support-turned-resistance on the 4H timeframe.

Achieving this would indicate sustained buying pressure.

Target 3: $1.65 🎯

A critical level aligning with historical resistance on the daily chart.

Reaching here signals a major trend reversal, paving the way for further growth.

Trading Strategy

Watch for a strong close above $1.20 to confirm bullish momentum. Keep an eye on volume and market depth for validation. Manage risk by setting stop-loss levels near $1.10.

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