$METIS — BEARISH PRESSURE TESTING KEY SUPPORT ⚠️
$METIS is struggling to hold the $16.50 zone after repeated sell-offs from $17.70 highs. Sellers are tightening control, and if $16.30 breaks, we could see acceleration toward deeper downside targets. Bulls must defend this level aggressively to avoid a full breakdown.
Trade Setup (Short Bias)
Entry Zone: $16.55 – $16.75
Take Profit 1: $16.00
Take Profit 2: $15.50
Stop Loss: $17.10
Market Outlook:
Momentum is shifting toward the bears, with volume confirming selling pressure. A clean break below $16.30 could open the door for a rapid move toward $15.50 support. Watch for failed bounce attempts as sell opportunities.
