METU

Despite structural weakness under the declining 200-day SMA and fading momentum, the OS environment and mean-reversion eligibility support a bullish medium-term bias. However, short-term timing is unfavorable, so engagement is deferred until price approaches the 20-day EMA–mid-June low support zone around the 24.8–23.7 area.

• ↑RSI recovered from oversold, implying ~90% chance of price continuation.
• ↑Momentum crossed above zero on Aug 13 and MACD turned positive Aug 14.
• ↓2× leverage risks volatility decay, undermining long-term performance.