$MTL or $ETH for the next leg? Only one.
$MTL is getting smoked: -8.20% today, with the last 4h down 7.2%. Bearish stack below the 20D and 50D MA. Ugly.
But volume is 1.5x the 20D average, RSI sits at 41, and shorts are paying -0.033% funding. That’s pressure, not capitulation yet.
At $0.25, I’d want a clean reclaim before taking it seriously. Pick your side: is MTL the bounce or the bag?
#MTL #Trading #Altcoin
$MTL is getting smoked: -8.20% today, with the last 4h down 7.2%. Bearish stack below the 20D and 50D MA. Ugly.
But volume is 1.5x the 20D average, RSI sits at 41, and shorts are paying -0.033% funding. That’s pressure, not capitulation yet.
At $0.25, I’d want a clean reclaim before taking it seriously. Pick your side: is MTL the bounce or the bag?
#MTL #Trading #Altcoin