$MTL saw a long liquidation of $1.9942K at $0.4209, a classic capitulation event where emotional traders were pushed out. After liquidations like this, MTL often rebounds because the sell side thins out. The chart is stabilizing around the liquidation zone, and this creates a perfect launchpad for a recovery move.
EP: $0.42000
TP: $0.44200
SL: $0.41250
MTLUSDT
Perp
0.3953
+0.56%