$MTL :Metal in Full Bull Mode 🔥
Current Price: $1.321 (+16.59%)
24h High: $1.326 | 24h Low: $1.133
24h Volume: 6.09M MTL
Technical Analysis:
• MA(7): $1.234 - Bullish short-term trend indicating strong upward momentum.
• MA(25): $1.201 - Medium-term moving average acting as a solid support.
• MA(99): $1.141 - Long-term trend reinforcing a strong recovery phase.
Key Observations:
1. Breakout Alert: MTL broke through the critical $1.30 level with volume surging, signaling buyer confidence.
2. Volume Surge: A notable spike in volume supports the ongoing uptrend, suggesting continued upward pressure.
3. Overhead Resistance: Immediate resistance at $1.326. A break here could see MTL pushing higher toward $1.40.
Support Levels to Watch:
• First Support: $1.234
• Strong Base: $1.201
MTL is charging up with bullish momentum! A potential run to $1.40+ looks probable if the breakout holds. 🚀 Stay alert for any pullbacks to the $1.234 zone for re-entry opportunities!
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