$METIS
— BEARISH PRESSURE CHALLENGING CRUCIAL SUPPORT ⚠️
$METIS is facing difficulty holding the $16.50 level after multiple sell-offs from $17.70 highs. Sellers are gaining momentum, and a break below $16.30 could trigger a sharper decline toward lower targets. Bulls need to strongly defend this zone to prevent a full breakdown.
Trade Setup (Short Bias)
Entry Range: $16.55 – $16.75
Take Profit 1: $16.00
Take Profit 2: $15.50
Stop Loss: $17.10
Market Outlook:
Bearish momentum is increasing, backed by selling volume. A clear breach of $16.30 may lead to a swift drop toward $15.50 support. Keep an eye out for failed bounce attempts as potential sell entries.