$METIS /USDT-Bearish-recovery vibe. Price recently plunged from $18.32 to $16.97 on August 18, 2025 before bouncing back slightly.

Support/Resistance: Broke below the $17.00 area, now holding near support at $16.48. Resisting pressure at $17.60–17.70.

Fibonacci Levels

Retracement status: Currently hovering around the 61.8% Fibonacci retracement, suggesting a potential short-term bounce zone.

Price zones: Key 61.8% level near $16.87; 50% retracement likely around $17.19.

RSI

Value: Oversold conditions beginning to form in short-term frames; longer timeframes show mid-to-neutral.

Interpretation: Short-term RSI suggests the market is stretched and ripe for a bounce but steady bearish momentum means caution is still due.

Entry Zones

Safer: Around the $16.80–$16.85 area, where buyers seem to regroup and support has held.

Aggressive: $16.87–$16.90, right at the 61.8% retracement higher reward potential, but tighter stop needed if that fails.

Take-Profit Zones

TP1: $17.60, a clear resistance pivot and recent ceiling.

TP2: $18.50 (rounding up from $18.53), the upper bound of the trading range and strong supply zone.

Stop-Loss Ideas

Conservative: Just under $16.48 below the stronger support zone for those looking to ride safe.

Tight: Below $16.70, ideal if entering near the Fibonacci zone, but tighter risk buffer.