$MET /USDT - BULLISH REVERSAL FORMING šš MET Campaign Ignites the Comeback!
Fresh off a brutal -4.26% dip testing $0.2936 lows, $MET (Meteora's governance token on Solana DEX) just flipped the script with a hammer reversal candle on elevated volume (74M+ MET traded ā 2x average). That orange arrow? It's pointing to the birth of a multi-week ascending triangle breakout setup, smashing prior resistance at $0.3100 and eyeing the $0.3436 ATH. RSI bouncing off oversold at 42 (bullish divergence), MACD crossing zero line ā classic signs of smart money accumulation amid the MET Campaign hype and Solana's DeFi surge. 24h low held the 200 EMA like a champ, now support flips to $0.3100. This ain't retail noise; it's institutional rotation into liquidity protocols.
Trade Setup (Aggressive Long) š„
- Entry range: $0.3150 ā $0.3250 (retest of reversal low / Fib 0.382)
- Target 1: $0.3436 (24h high reclaim ā +10%) šÆ
- Target 2: $0.40 (measured move + psych level ā +25%) šÆšÆ
- Target 3: $0.50+ (1.618 Fib ext / next resistance ā +60%+) šÆšÆšÆ
- Stop Loss (SL): $0.2900 (below hammer low & 200 EMA ā ~8% risk) ā ļø
Risk/Reward: 1:3 to 1:8+ scaling out
Short-Term Outlook (Next 24-72h):
Hold above $0.3100 and we're blasting to $0.34ā$0.36 by EOW ā campaign FOMO will fuel it. Crack below $0.2936? Quick flush to $0.28, but low odds with volume tailwind. Ultra-bullish on Solana alts; MET leading the pack!
DYOR, Na ā volatility alert, but rewards juicy. š
#MET #Meteora #WriteToEarnUpgrade šš

