$MTL
/USDT Technical Analysis & Trade Signal🔥💯
Current Price: $1.24
Momentum: Bullish (+5.05%)
Support Levels:
$1.20 (Strong)
$1.18 (Critical)
Resistance Levels:
$1.25 (Near-term resistance)
$1.29 (24h High, key breakout level)
Trade Signal: Buy (if sustained above $1.22, confirming bullish momentum).
Targets 🎯:
1. $1.28 (Short-term)
2. $1.32 (Mid-term)
3. $1.40 (Extended target, contingent on breakout above $1.30)
Momentum Indicators:
RSI: Positive but not overbought (~55–65 region).
MACD: Bullish crossover indicates upward momentum.
Volume: Strong, supporting the price action.
Strategy:
Enter on a retest of $1.22 or breakout above $1.25.
Use tight stop-loss at $1.18 to mitigate risk.
Monitor resistance at $1.29 closely; a strong move above may lead to sustained gains.
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