$MET Can the short position still be held?
According to Sister Yu's own trading ideas, I will have my fans continue to patiently hold the short position.
Because the rebound strength above is too weak, the price has fallen from 0.68 all the way down to the current 0.44, and this decline is very steep, and it is accelerating downwards. Technical indicators are all on the bearish side, with two moving averages pressing from above, making it difficult to rebound.
The key issue is the trading volume; it increases when the price drops, indicating that everyone is selling, and the buying pressure cannot hold. The price is now stuck at 0.44, which is the last line of defense. If it breaks this support level, it may continue to test lower levels. For a rebound, 0.45 is already quite difficult; it's too hard to move upwards.
So, holding the short position now, wait for it to break below the key position of 0.44, there will be a lot of downward space afterwards, and fans holding it can patiently wait for my take-profit notification.
