π 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.
π 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.
π 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.
π 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.
π 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.
π 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.
π 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.
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Boom! #MTL is doing just what we said. Up 20.85% and looking good!
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Follow a team of traders with 10+ years of experience?
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ποΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals π shorturl.at/ikpAV