$MTL Rejection Phase Quick Scalp Short đ
MTL had a sharp run-up on the 4h chart but is now showing clear signs of exhaustion. The price faced a strong rejection near the 0.4500 level and is currently rolling over to the downside, down over 3% to 0.3126. Momentum is shifting bearish, making this a perfect setup for a quick scalp short.
Entry Zone
0.3110 â 0.3140 (start here)
0.3200 â 0.3250 (add on bounce)
Targets
TP1: 0.3000
TP2: 0.2900
TP3: 0.2800
Stop Loss
0.3300
Quick in and out â take profits fast, don't get greedy. Move stop to breakeven after TP1.
DYOR
Trade here đđ» $MTL
MTL had a sharp run-up on the 4h chart but is now showing clear signs of exhaustion. The price faced a strong rejection near the 0.4500 level and is currently rolling over to the downside, down over 3% to 0.3126. Momentum is shifting bearish, making this a perfect setup for a quick scalp short.
Entry Zone
0.3110 â 0.3140 (start here)
0.3200 â 0.3250 (add on bounce)
Targets
TP1: 0.3000
TP2: 0.2900
TP3: 0.2800
Stop Loss
0.3300
Quick in and out â take profits fast, don't get greedy. Move stop to breakeven after TP1.
DYOR
Trade here đđ» $MTL
