#MTLUSDT (Watchlist) 2-2024

Support and Stability: #MTLUSDT exhibits stability above the support line at $1.3, forming Ascending triangle pattern.

Triangle Formation: The price action suggests a Ascending pattern, indicating potential consolidation before a breakout.

Take Profit Targets: Resistance levels are identified at $2.1, $2.7, $3.5, and $5.5, offering potential profit-taking opportunities.

Positive Outlook: With the stable support and triangular formation, #MTLUSDT shows potential for upward movement.

Consider for Watchlist:
When we recommend adding a coin to your watchlist, it's typically due to forming a pattern, nearing a historical bottom, or approaching a strong support level. It may also show increased trading volume, reversal candles, or be in an accumulation stage. While we haven't observed a bullish reaction yet, we advise monitoring it until an optimal entry point emerges.

PS:
We avoid trading coins associated with gambling, prostitution, human trafficking, etc.

Note:
This is not financial advice but an analysis of coin movements. Conduct your own research and practice risk management before making any investment decisions. Remember, the cryptocurrency market carries significant volatility and risks.

Best wishes to all,
we ask Allah reconcile and repay. 🙏

Comment:

Comment:

#MTLUSDT few steps to break eyes on it +30% upward movement since posting!

we ask Allah to reconcile and repay. 🙏