$METIS has experienced a notable price increase of 4.85% in the past 24 hours.
The 24h trading range shows a high of 18.1 and a low of 16.28, indicating solid volatility.
Currently, METIS is trading near the upper Bollinger Band, suggesting a potential overbought condition.
Support is at 16.45, while resistance is well-defined at 18.1, offering clear trading levels.
Despite Bitcoin's undefined influence, METIS benefits from a general uptrend in the cryptocurrency market.
Traders should consider a short-term approach due to the recent volatility and the proximity to resistance.
A key takeaway is that METIS's momentum suggests further upward movement is possible if it can sustain support levels.
