Image of MTL
MTLMetal
$0.2974
-4.37%
1D

Metal Analysis

Investment Score
A quick view into Metal's investment prospects.
7.6

The asset still looks technically supportive, with multiple signals continuing to back the setup.

What is helping
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
  • Stoch RSI is near the lower end of its range, which suggests downside momentum may be getting exhausted.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bull Volatile
Confidence: 89%
Why this state?
  • MTL is above SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
MTL is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 52.66, which is neither overbought nor oversold.
Volatility
Volatile
MTL ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.3605 - $0.3973
Active zone
$0.2728 - $0.3537
Support zone
$0.1586 - $0.2675
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Volatile
Volume
Low
Support & Resistance

Metal support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.1586 - $0.2675
Resistance zone
$0.3605 - $0.3973
Active zone
$0.2728 - $0.3537
Levels Table
LevelZoneStrength
Support 1$0.1586 - $0.2675
Resistance 1$0.3605 - $0.3973
Resistance 2$0.4131 - $0.4370
Resistance 3$0.4444 - $0.4683
Resistance 4$0.5708 - $0.6166
Active 1$0.2728 - $0.3537
Scenario Analysis
Bullish scenario

MTL clears the resistance zone at $0.3605 - $0.3973 and holds above it. That would strengthen the breakout case and shift attention to $0.4131 - $0.4370.

Bearish scenario

MTL loses the support zone at $0.1586 - $0.2675. That would weaken the setup and open the way toward $0.1586 - $0.2675.

Neutral scenario

MTL continues trading between $0.2675 and $0.3605. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.2586
Bullish
MTL is trading above the 50-day average.
SMA200
$0.2559
Bullish
MTL remains above the long-term trend line.
EMA50
$0.2725
Bullish
MTL is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.2756
Bullish
MTL is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
52.66
Neutral
RSI (14) is at 52.66, which keeps momentum in a balanced range.
Stoch RSI (14)
9.08
Oversold
Stoch RSI (14) is low at 9.08, which shows momentum is pressing near its recent lower extreme.
MACD
0.01537
Bearish
MACD is below its signal line.
ATR
6.08%
Volatile
Volatility is above its 180-day median.
VWMA
$0.3072
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-29.94
Neutral
CCI (20) is at -29.94, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.03071
Bullish
Awesome Oscillator is above zero at $0.03071, which supports bullish momentum.
Williams Percent Range (14)
-67.95
Neutral
Williams Percent Range (14) is at -67.95, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.007225
Bearish
Bull Bear Power (13) is negative at $-0.007225, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
42.86
Neutral
Ultimate Oscillator is at 42.86, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.3019
Bullish
MTL is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.3275
Bearish
MTL is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Metal

Over the past 7 days, Metal price was most positively correlated with the price of VeChain (VET), Ethena (ENA), PancakeSwap (CAKE), Pudgy Penguins (PENGU) and Polkadot (DOT) and most negatively correlated with the price of JUST (JST), Sky (SKY), Midnight (NIGHT), StarkNet (STRK) and Aave (AAVE).

Positively Correlated Currencies
NameCorrelation
Image of VeChainVeChain0.837
Image of EthenaEthena0.827
Image of PancakeSwapPancakeSwap0.816
Image of Pudgy PenguinsPudgy Penguins0.795
Image of PolkadotPolkadot0.782
Negatively Correlated Currencies
NameCorrelation
Image of JUSTJUST-0.634
Image of SkySky-0.625
Image of MidnightMidnight-0.587
Image of StarkNetStarkNet-0.561
Image of AaveAave-0.547

Metal price is positively correlated with the top 10 coins by market cap with a price of 0.221, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.262. Currencies that are positively correlated with Metal indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Metal, a move in one direction for Metal would translate into a move in the opposite direction for the negatively correlated coin.

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