$MP is trading at 46.93, up 2.94%. The positive move suggests buyers currently have the advantage, but I’m watching whether price can hold above the 46.00 area.
A clean move through 47.50 could support further upside toward 48.50 and 49.50. If price falls below 45.50, the bullish structure would become weaker. I’m more interested in a stable hold than entering after an extended move.
Trade Setup:
Entry Zone: 46.50–47.00
Take Profit 1: 48.00
Take Profit 2: 49.00
Stop Loss: 45.50
I’ll wait for confirmation and manage risk carefully instead of chasing momentum.
A clean move through 47.50 could support further upside toward 48.50 and 49.50. If price falls below 45.50, the bullish structure would become weaker. I’m more interested in a stable hold than entering after an extended move.
Trade Setup:
Entry Zone: 46.50–47.00
Take Profit 1: 48.00
Take Profit 2: 49.00
Stop Loss: 45.50
I’ll wait for confirmation and manage risk carefully instead of chasing momentum.