💎 MTL is currently exhibiting a parabolic trend, but it's at a critical daily resistance level. Historically, MTL has faced multiple rejections at this point, leading to a downward move.
💎 Given that MTL hasn't shown any corrective action since its rally from $1.1, this could be an opportune moment to anticipate rejection and enter a short position.
💎 However, if MTL successfully breaks through the daily resistance with substantial volume, it might be wise to buy after the asset retests the new support level, as this could signal a continued upward trajectory.
You have two entry options:
💎 Short Position: You can enter now, with the bearish scenario being invalidated if MTL breaks and holds above the daily resistance level of $1.61.
💎 Spot Buy: Wait for MTL to break the daily resistance and close above it before entering a long position.
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🌴 #MTL Free Signal update 🌴 💎All Targets MTL/USDT have been successfully met 🍾
💎Profit generated: 21.65% 📈 💎Duration: 3 Days 15 hours and 14 Minutes ⏰