đš $MTL /USDT MARKET ALERT â POTENTIAL BREAKOUT OR RETRACEMENT INCOMING! đš
Current Price: $1.135 (+13.39%)
24h High: $1.255
24h Low: $0.966
The MTL/USDT chart is showing significant momentum today, surging 13.39% in the last 24 hours. After a strong bullish push that touched $1.255, weâre seeing signs of consolidation around $1.135. This setup could either lead to a continuation of the bullish trend or a sharp reversal. The overall market sentiment is gearing toward a potential breakout or a cooling off period based on critical levels.
đĄ CRITICAL Levels to Watch: đĄ
đ§ Resistance: $1.163 USDT â A breakout above this level could spark a rally toward the previous high of $1.255 and possibly push toward $1.30. Momentum buyers are likely to enter if this resistance is breached.
đ Support Zone: $1.058 USDT â If the price tests this level and fails to hold, expect a drop toward $0.966, the 24h low, which could open the door to further declines.
đ ALL OR NOTHING â WHAT'S THE MOVE? đź
â ïž Bearish Collapse Alert:
A rejection at $1.163 could see the price tumble back to $1.058 or lower. If the $1.058 level doesnât hold, a drop to $0.966 or even $0.95 is possible, which could send the coin into a bearish phase, shaking out weak hands.
đ Explosive Rally Incoming:
If the price breaks cleanly above $1.163, a bullish move could push the price to retest $1.255. A successful breakout above $1.255 might set off a run toward $1.30, with momentum traders driving the surge higher.
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Long-Term Signal:
Watch for a breakout above $1.255. If sustained, we could see a potential rally toward $1.30 or beyond, positioning MTL for a strong bullish continuation in the coming weeks.
Short-Term Signal:
In the immediate term, keep an eye on $1.163. A breakout or rejection here will set the tone for the next 24 hours. Short-term traders could target a quick swing from $1.163 to $1.255 or a retracement to $1.058.
