MP Price has approached the key mid-term resistance zone outlined in the July update. As long as price remains within the 64–73 area, I’m watching for a potential reversal. Earnings this week may trigger a pullback to 52–45 macro support before another leg higher toward the 90 macro resistance later in Q4 or early 2026.
MP Falling drastically on low volume, which means that the move down has no fundamental reason. Likely a test from the market makers. They will push the price further down to create panic and shakeouts to get good entries themselves. Could be a good time to add slowly for us retail traders. I wouldnt use leverage on this right now. I sold 2/3 of my position this morning, 7% price north compared to now. Looks still amazingly bullish following volume price analysis. If you like this way of thinking check out Wyckoff. No financial advice just my personal view. Best of luck