$METIS has seen a slight decline of -0.847% in the past 24 hours, reflecting a broader downtrend in the market.
The price fluctuated between a high of 17.93 and a low of 16.9, indicating some volatility.
Currently, METIS is trading near its support level of 16.9, while resistance sits at 17.84.
Bollinger Bands suggest a tightening range, implying a potential breakout or increased indecision.
Macroeconomic factors such as inflation concerns and regulatory news could weigh on trader sentiment.
Bitcoin’s influence remains undefined, suggesting potential isolation in METIS’s price movement.
Given the current volatility and downtrend, a short-term trading strategy may be advantageous for quick gains.
Key takeaway: Monitor macroeconomic stability as it will be pivotal in shaping METIS’s direction amidst market uncertainties.
