$MET holding up above the 20d and 50d while the 4h is still bleeding? 👀
Price is $0.2129, down 7.8% today, and the 4h is off 7.4% too. Not dead, just getting leaned on. RSI at 44 says momentum is soft, but the stack is still bullish and funding is positive, so longs are still paying. Feels a lot cleaner than a pure breakdown, almost like an early $SOL style shakeout.
Key level:
0.20
If it tags that line, I’d want to see whether it snaps back or loses the structure. Volume is only 0.9x average, so this isn’t panic yet.
Is $MET just cooling off before the next leg, or is this the start of a deeper retrace? What’s your target here?
#MET
#Crypto
Price is $0.2129, down 7.8% today, and the 4h is off 7.4% too. Not dead, just getting leaned on. RSI at 44 says momentum is soft, but the stack is still bullish and funding is positive, so longs are still paying. Feels a lot cleaner than a pure breakdown, almost like an early $SOL style shakeout.
Key level:
0.20
If it tags that line, I’d want to see whether it snaps back or loses the structure. Volume is only 0.9x average, so this isn’t panic yet.
Is $MET just cooling off before the next leg, or is this the start of a deeper retrace? What’s your target here?
#MET
#Crypto