MTL/USDT Break Alert ! Ready to continue Bullish Movement💎 MTL has undoubtedly captured our attention. Recently, MTL shattered the descending channel pattern, backed by substantial volume and a robust green candle, signaling a bullish shift.
💎 Currently, MTL challenges the supply zone, where it previously faced stern rejection, pushing it to retest the support trendline of the descending channel for renewed momentum.
💎 Following this phase, MTL rebounded, aiming once more to breach the supply barrier. If successful, MTL could smoothly transition to the subsequent supply targets and potentially reach the bearish OB.
💎 Conversely, should MTL face another rebuff at the supply frontier, it might retreat downwards, revisiting the demand zone at $1.215. A failure to rally and hold ground within this realm could see MTL breaking further down, potentially cascading towards more foundational support levels.
Mtlusdtanalysis
MTLUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market and lower
target: 3.7 - 4.7 - 5.7
after first target reached move ur stop to breakeven
stop: ~under 2.5 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 5
risk is justified
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