$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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$MTL