$MTL /USDT Technical Analysis & Trade Signal:
Current Price: 1.250 USDT (+10.13% change in the last 24 hours).
24h High: 1.253 | 24h Low: 1.120
Trend: Bullish momentum with a +10.13% increase in the last 24 hours.
Support Level: 1.226, 1.207 (SAR).
Resistance Level: 1.253, 1.258.
Trade Signal:
Buy Signal: Consider buying at 1.240–1.250 range, with momentum showing upward pressure.
Stop Loss: Set at 1.207 (SAR level).
Take Profit Targets:
Target 1: 1.258 (Resistance Level).
Target 2: 1.270.
Target 3: 1.280 (Strong resistance zone).
Trade Momentum:
Momentum Indicator: Positive momentum as indicated by the +10.13% increase in the past 24 hours.
Volume: Healthy trading volume with 2.18M MTL and 2.61M USDT.
Recommendation: The market is bullish, and with the price above 1.240, the upward momentum could continue. Be cautious of any retracement below 1.207, which could signal a potential reversal.
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