💎MLT is currently facing significant market shifts, with a noticeable decline as it moves below its support line, suggesting a potential drop towards the demand zone at $0.1952.
💎If MediaLicensingToken enters this demand zone, we could observe a strong rebound, possibly leading to a breakout from the Descending Channel. Successfully breaking free from this...
Hey all, here’s another entry on my tradingview series called 'Quick Updates'.
We can see the confirmation here on the support level for MTL, allowing us to go in a LONG trade position here. This simple support and resistance set-up will give us the opportunity for a nice clean scalp trade, with around 6% profit.
--- What is The Quick Update Series All About?...
![MTLBTC: Support and Resistance Trade Set-Up on MTL/BTC [Quick Updates]](https://s3.tradingview.com/k/khiu3QWM_mid.png "Support and Resistance Trade Set-Up on MTL/BTC [Quick Updates]")
