🔴$MTL

MTL

0.45

+13.63%

BEARISH TECHNICAL ANALYSIS – SELLERS MAINTAIN CONTROL

$MTL is showing clear exhaustion after a sharp upside move, with price failing to hold above resistance and forming a lower high on intraday timeframes. Momentum is weakening, and the chart suggests increased probability of a downward continuation. Bears are defending overhead levels strongly, signalling a potential correction toward lower support zones.

TECHNICAL OUTLOOK

• Rejection at resistance shows buyers losing strength.

• Lower-timeframe structure turning bearish with descending movement.

• Breakdown below mid-range can accelerate bearish momentum.

TARGET LEVELS

• TP1: 0.440

• TP2: 0.420

• TP3: 0.400

STOP LOSS

• SL: Above the nearest resistance zone at 0.460

RISK MANAGEMENT

Risk 1–2% per trade, avoid overexposure, and always protect capital with a strict SL.

#BearishSetup #CryptoAnalysis #MTLUSDT