🚨 $MTL Short Setup — Rejection From the Top 📉
$MTL is showing signs of rejection from the upper zone, and selling pressure appears to be building. If buyers fail to reclaim the $0.315 level, the bearish setup could continue to play out.
📉 Trade Plan
Short Entry: $0.305 – $0.315
TP1: $0.295
TP2: $0.282
TP3: $0.267
TP4: $0.250
SL: $0.352
🔎 Setup Logic
The $0.305–$0.315 area is the key rejection zone.
If $MTL fails to reclaim $0.315, sellers may remain in control. A clean breakdown below $0.295 could open the way toward $0.282 and then $0.267.
If bearish momentum becomes strong below $0.267, the move could potentially extend toward $0.250.
⚠️ Risk Management:
20x leverage is extremely risky. Don't over-leverage or revenge trade. Protect your capital and always manage your position size carefully. The market will always provide another opportunity.
DYOR — This is my technical analysis and not financial advice. 📊
#MTL #MTLUSDT #Short #Crypto #Binance #Trading #TechnicalAnalysis #BitcoinThirdSingleBlockReorgInFourWeeks #BrazilCentralBankRaisesVASPCapitalRequirements #AnthropicCEOCallsForAISlowdown
$MTL is showing signs of rejection from the upper zone, and selling pressure appears to be building. If buyers fail to reclaim the $0.315 level, the bearish setup could continue to play out.
📉 Trade Plan
Short Entry: $0.305 – $0.315
TP1: $0.295
TP2: $0.282
TP3: $0.267
TP4: $0.250
SL: $0.352
🔎 Setup Logic
The $0.305–$0.315 area is the key rejection zone.
If $MTL fails to reclaim $0.315, sellers may remain in control. A clean breakdown below $0.295 could open the way toward $0.282 and then $0.267.
If bearish momentum becomes strong below $0.267, the move could potentially extend toward $0.250.
⚠️ Risk Management:
20x leverage is extremely risky. Don't over-leverage or revenge trade. Protect your capital and always manage your position size carefully. The market will always provide another opportunity.
DYOR — This is my technical analysis and not financial advice. 📊
#MTL #MTLUSDT #Short #Crypto #Binance #Trading #TechnicalAnalysis #BitcoinThirdSingleBlockReorgInFourWeeks #BrazilCentralBankRaisesVASPCapitalRequirements #AnthropicCEOCallsForAISlowdown
