🚀 METUSDT Oversold Zone! Is a Rebound Coming? 💥
After a massive drop of -42%, METUSDT is showing early signs of a potential rebound! 📉➡️📈
🔹 Support Zone: $0.50 – $0.52 (Strong buying interest seen here)
🔹 Resistance Zone: $0.63 – $0.70 (Short-term rejection likely)
🔹 EMA(9): 0.70 — Price still below, but momentum slowing
🔹 RSI(6): 12.3 → Deeply oversold! Possible bounce incoming
🔹 MACD: Bearish, but histogram showing smaller red bars = selling pressure weakening
💡 Analysis:
After an extreme sell-off, the price found stability near the $0.50 zone. RSI indicates an oversold condition — a short-term bounce towards the $0.63–$0.70 area could occur if buyers step in.
⚠️ Caution: If price falls below $0.50 again, it may test new lows. Use small entries and tight risk management.
📊 Possible Trade Idea:
🟢 Entry: $0.52 – $0.56
🎯 Target: $0.65 / $0.70
🛑 Stop Loss: Below $0.49
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