๐ฅ $METIS /USDT โ Major Reversal or Just a Bounce? ๐ฅ
$METIS is showing strong recovery, bouncing from the $23.38 low to $27.11, gaining +4.19% in the last 24 hours. The big questionโis this a sustainable breakout or just a relief rally? Letโs break it down:
๐ Long Setup (Bullish Scenario)
Entry Zone: $26.80 โ $27.20
Target 1: $28.50
Target 2: $30.00
Target 3: $32.20
Stop Loss: $25.80
๐ Bullish Outlook: If METIS holds above $26.80, expect a push toward $28.50 and potentially $30+ if volume sustains. A break above $27.91 (24H High) could confirm continuation toward $32.
๐ Short Setup (Bearish Scenario)
Entry Zone: $27.00 โ $27.50 (If rejected)
Target 1: $25.80
Target 2: $24.50
Target 3: $23.00
Stop Loss: $28.20
โ Bearish Risks: A failure to sustain above $27.50 could trigger a sell-off, with a move back toward $25.80 and even $24.50 if support breaks. A rejection at resistance could confirm a fake breakout.
๐ Market Insights & Prediction
๐น Holding Above: $26.80 confirms bullish strength
๐น Breaking Below: $25.80 may trigger more downside
๐น RSI & Volume: Need high volume to sustain breakout
๐ก Pro Tip: Watch for a high-volume breakout above $27.91 for a rally or a strong rejection at $27.50 for a short opportunity. ๐
