Structure: Bearish 📉
$META METAUSDT (4H) remains under strong selling pressure after a sharp breakdown. Price is trading below the 7, 25, and 99 Moving Averages, confirming that sellers are still in control. A short-term relief bounce is possible, but unless price reclaims key resistance around 545–555 USDT, the overall trend remains bearish. Watch 520 USDT as the nearest support—losing it could trigger another leg down.
#Altcoinseason2024 #TechnicalAnalysis #BinanceFuturesSignal #Altcoinseason2024 #BTC
$META METAUSDT (4H) remains under strong selling pressure after a sharp breakdown. Price is trading below the 7, 25, and 99 Moving Averages, confirming that sellers are still in control. A short-term relief bounce is possible, but unless price reclaims key resistance around 545–555 USDT, the overall trend remains bearish. Watch 520 USDT as the nearest support—losing it could trigger another leg down.
#Altcoinseason2024 #TechnicalAnalysis #BinanceFuturesSignal #Altcoinseason2024 #BTC