Strong buying interest for MTL

MTL is holding the support area at $1.33, indicating strong buying interest at this level. The price is attempting to bounce from this support, suggesting that buyers are stepping in to defend this area and potentially drive the price higher. This bounce attempt is crucial as it could signal the start of a new upward movement.
The key resistance area to watch is $1.54. This level acts as a barrier where selling pressure might emerge, potentially hindering further upward movement.