Instrument: MTLUSDT
Time Frame: 1D
Exchange: Binance
Trading Type: Swing Trading
The Metal coin has recently broken out of its downward trendline and appears to have successfully retested it.
The rebound occurred at a key level where the broken trendline overlaps with a significant supply zone. If the coin continues its upward momentum and breaks through the upper supply zone (key level) while showing support at this level, an aggressive buying strategy could be considered.
Key Level: Breaking above the $1.56 level is critical.