The chart for METIS/TetherUS shows a consolidation phase between 25.86 (support) and 25.93 (resistance). The price is currently hovering around 25.87, with a slight bearish bias (-0.08%). However, the tight range and moderate volume (279.93) suggest a potential breakout or reversal soon. Here's an attractive trading plan with leverage, take-profit (TP), and stop-loss (SL):
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### **Next Move Prediction:**
- **Bullish Scenario:** If the price breaks above 25.93 with increased volume, it could target 26.50 or even 27.00 in the short term.
- **Bearish Scenario:** If the price breaks below 25.86, it could drop to 25.50 or 25.00, where stronger support lies.
Given the current consolidation, a **bullish breakout** seems more likely, especially if broader market conditions improve.
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### **Trade Setup with Leverage:**
- **Entry:** Open a **long position at 25.87** (current price) or on a confirmed breakout above 25.93.
- **Leverage:** Use **10x leverage** to maximize potential gains while managing risk.
- **Take-Profit (TP):** Set TP at **26.50** (first target) and **27.00** (second target) for a potential 2.4% to 4.4% gain.
- **Stop-Loss (SL):** Place SL at **25.80** (just below the recent low) to limit downside risk to ~0.3%.
### **Why This Trade is Attractive:**
1. **Low Risk, High Reward:** The tight SL ensures minimal loss, while the TP offers a strong risk-reward ratio (1:8 or better).
2. **Breakout Potential:** The consolidation phase often precedes a strong directional move, and a breakout above 25.93 could trigger a quick upward surge.
3. **Leverage Boost:** With 10x leverage, even a small move to 26.50 could yield a 24% return on margin.
### **Key Levels to Watch:**
- **Support:** 25.86 (recent low), 25.50 (stronger support).
- **Resistance:** 25.93 (immediate resistance), 26.50, 27.00.
### **Final Note:**
This trade is ideal for traders looking to capitalize on a potential breakout with controlled risk. Always monitor the price action and adjust SL/TP levels.
