🚀 Amazon Plans $25 Billion Data Center Investment in Mississippi
Amazon has announced plans to invest $25 billion in building a data center in Mississippi. According to Odaily, this significant investment is expected to create 2,000 jobs in the region. The initiative marks a substantial economic development for the state, promising to boost local employment and infrastructure.
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#MTL/USDT analysis :
#MTL is in an uptrend, consistently making new highs while finding support above the 200 EMA. After liquidating long positions, the price has reclaimed the 200 EMA and is now moving upward. It is expected that the price will maintain its bullish momentum and test higher levels.
TF : 15min
Entry : $1.529
Target : $1.589
SL : $1.488
#MTL/USDT analysis :
#MTL is currently in a downtrend, trading below the 200EMA. The price is consolidating sideways within a correction phase. It is expected that the bearish momentum will continue soon, potentially testing newer lows. For a short entry, wait for a pullback and retest of the zone.
TF : 1D
Entry : $1.047
Target : $0.765
SL : $1.223
#MTL/USDT analysis :
#MTL is presently consolidating above the support zone and the 200 EMA. It is expected to maintain its bullish momentum and retest the previous swing high.
TF : 2H
Entry : $0.977
Target : $1.035
SL : $0.938