Are you selling
$MTL after the fleeting spike or buying the move back to $0.30?
🎢 The $0.30 spike vanished within hours and MTL is falling
Whiplash: MTL hit $0.30 and is already back at $0.26.
There was no catalyst for the spike, and the price gave it all back within hours.
MTL -4.7% 24h · 4.0% below its 4h EMA50 ($0.27283) · RSI 42.3
24h volume $11.9M, around 11 times yesterday's · open interest $1.22M (+7.5%)
Funding -0.1458%: shorts are paying to stay in · top traders 44.2% long, crowd 59.4%
The breakout to $0.30 was a fleeting swing: no catalyst, no support.
Mempool: fee 1 sat/vB · next difficulty adjustment +4.62%
Shorts are paying -0.15% to stay in as the price slips: if the drop continues, they collect; if not, funding squeezes them.
📊 MTL SHORT signal
📍 Current price: $0.2617
🎯 Zone: $0.2617–$0.2653 (dist. 0.0%)
Entry | limit order | 50% at $0.2617 + 50% at $0.2653
🛑 Stop loss | $0.26742 | -1.49% from average entry | confirmed BEFORE entering
✅ TP1, first take profit | $0.25143 | +4.6% | take profit on 50% and move the stop to my entry
🏁 TP2 | $0.24053 | +8.7% | 1.272 extension after the vanished spike
R/R | 1:3.1 · 1:5.8
Risk per trade: 2% of capital
⏳ Valid: next 6h / as long as it doesn't go above $0.26742
Share this with someone who bought the spike and watch the live price here 👇 MTL
MTL
#Pagos #Liquidaciones #Trading
This is a plan, not financial advice.