🔴 Long Liquidation Alert — $MTL
MTLUSDT Perp trades at $0.2357, with a moderate 2.87% gain in the last 24 hours. The price is compressed, and the range is likely to resolve soon.
Support: $0.2280–$0.2300
Resistance: $0.2420–$0.2450
Next Target: $0.2220, then $0.2150
A hold of the $0.2300 support zone would likely see a bounce toward $0.2420. A failure here would target $0.2220 and $0.2150. A reclaim of $0.2450 is the key to shifting the bias to neutral or bullish.
For now, momentum favors caution until the market confirms direction.
