As you can see, MTL recently spiked up, and plummeted down to around 0.000489. This is a strong support @ 0.000489, and I can see it holding because historically this price point is where the price always bounce off, I have pointed a few recent instances. As Bitcoin slowly recovers from its losses, we can see the same on other coins. So we can expect MTL to grow further.
Entry Price: 0.000489 - 0.000510
Target: 0.000777 (1.272 Fib) (Set sell point slightly below this price)
Stop Loss: slightly below 0.000489 (Support Line) OR if you can afford to, set it 0.000468 (0.382 Fib)
Trade at your own risk!