$MTL /USDT Trading Signal - Retracement Opportunity

Current Price: $1.300 (+12.55%)

Entry Range: $1.290 - $1.310

Target 1: $1.340

Target 2: $1.358

Stop Loss: $1.260

Market Observations:

$MTL/USDT has retraced from its recent high of $1.358, presenting a potential bounce-back scenario.

Support near $1.282 aligns with short-term buyer interest.

Trade Insights:

Look for entries in the defined range for a potential recovery to $1.340 and beyond.

Take partial profits at $1.340 and aim for the next resistance at $1.358.

Utilize a stop loss below $1.260 to minimize downside risk.

Monitor volume and momentum for confirmation of upward movement.

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