$MTL

MTL
MTLUSDT
0.3944
+0.68%

Long Trade Setup:

– Price is at 0.396 after a sharp drop from the recent high around 0.408.

– It has been in a steady uptrend before but just broke lower and is now sitting right around the 60-period MA.

– Key level to hold is around 0.380, the 24h low area.

– A clean break above 0.408 would unlock potential recovery toward 0.398 and higher.

Risk Note:

– If it breaks below 0.380 on volume, the down move could accelerate and test much lower levels.

Next Move:

– Watching how it reacts around this MA and current price.

– A quick bounce would help, but weakness here keeps the bears in control for now.