$MTL / USDT – Mild Decline With Sellers Testing Support
$MTL is trading at $0.282 after slipping -1.05%. The price action shows controlled selling rather than aggressive breakdown. Bears are slowly pressing the market lower, but momentum is not extreme.
The structure suggests short-term hesitation from buyers. If support holds, a rebound attempt could develop. However, a failure to stabilize may open the door for deeper retracement.
Potential Entry Zone for Buyers:
$0.270 – $0.278
Upside Targets:
• Target 1: $0.305
• Target 2: $0.330
• Extended Target: $0.360
Protective Zone:
Stop-Loss: $0.255
Market Bias: Neutral to Bearish
MTL
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