$MET /USDT BEARISH CONTINUATION – SELL THE RALLIES BELOW RESISTANCE
MET/USDT is showing clear bearish pressure after failing to hold above the 0.258–0.260 resistance zone. Price is trading near the daily lows, indicating sellers are in control. The rejection from the upper range and weak bounce attempts suggest that the market is preparing for further downside or consolidation before any meaningful recovery.
📉 Trade Setup (Short)
Entry: 0.252 – 0.255 (on minor pullback)
Targets:
TP1: 0.246
TP2: 0.240
TP3: 0.232
Stop Loss: 0.262 (above key resistance & invalidation zone)
🔍 Technical Reasoning
Price rejected from 0.258–0.260 resistance
Trading below short-term EMAs, showing weakness
Volume does not support bullish continuation
Structure favors lower highs & lower lows
🌐 Market Outlook
As long as MET/USDT remains below the 0.260 level, the bias stays bearish. Any upside move is likely to be corrective unless strong volume enters the market. Caution is advised for long positions until a clear breakout and retest occur.
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