🚨 $MTL L /GBP: Volatility Alert – Is MTL Set for Its Next Move? 🚨

$MTL is currently trading at £0.87 (+7.94%), following a sharp spike to £1.05 in the past 24 hours. With significant price swings, traders are asking: will MTL continue its rally or face a retracement? Let’s break down the key levels!

🔥 Key Levels:

Support Zone: £0.80 – Strong buying pressure was noted during the recent dip, making this a crucial level for bulls to defend.

Resistance Zone: £1.05 – This recent high could act as resistance. A breakout above could propel MTL toward £1.10+.

💥 Volume Surge:

With 27.52M MTL traded in the last 24 hours, the surge in volume reflects high interest. Continued volume could drive the next big move!

🚀 Short-Term Strategy:

Bullish Scenario: If MTL breaks above £1.05, anticipate a rally toward £1.10 and beyond as momentum builds.

Bearish Scenario: If the price falters, watch for a potential retest of £0.80-£0.85, where buyers may re-enter.

🔔 Stay vigilant! With high volatility in play, the next move for MTL could be imminent. Keep an eye on these levels and plan your trades wisely!

#MTLUSDT 🚀 #CryptoVolatility 📈 #BinanceSpotTrading #NextMove #Write2Earn!