بسم الله الرحمن الرحيم
السلام عليكم ورحمة الله وبركاته
SPOT TRADE UPDATE: $MET 📊⚡
Status: HALAL (Spot Only)
Current Price: ~$0.2024 – $0.2028
Technical Analysis & Market Structure
15m / 1H Frame: On the 15m chart, $MET is attempting a localized relief bounce off its fresh low at $0.2009, currently trading just below short-term moving averages (MA(7): $0.2029 | MA(25): $0.2060 | MA(99): $0.2097). On the 1H chart, price action remains compressed under key moving average hurdles (MA(7): $0.2054 | MA(25): $0.2093 | MA(99): $0.2120), indicating structural consolidation after a extended pullback.
4H / 1D Frame: On higher timeframes, $MET has retraced from its recent swing high of $0.2531 down into dynamic multi-week support. The 4H timeframe shows price stabilizing around the long-term MA(99) line at $0.1970, with MA(7) ($0.2075) and MA(25) ($0.2111) overhead. The Daily (1D) chart confirms structural support as MET trades nicely above its daily MA(25) ($0.1870) and MA(99) ($0.1558), despite temporary resistance at daily MA(7) ($0.2190).
RSI Indicators: Across multiple timeframes, RSI values show complete reset from previous overbought conditions, signaling significant cool-down and a potential demand zone accumulation (15m: 36.1 | 1H: 39.9 | 4H: 45.5 | 1D: 55.7).
Spot Trade Setup Levels 🎯
Entry Zone: $0.1980 – $0.2030
Take Profit 1: $0.2180
Take Profit 2: $0.2350
Take Profit 3: $0.2520
Stop Loss: $0.1840
⚠️ Islamic Trading Note: Spot Trading Only. Futures and Margin Trading are Strictly Prohibited.
#MET #Meteora #HalalCrypto #BinanceSquare #CryptoAnalysis
السلام عليكم ورحمة الله وبركاته
SPOT TRADE UPDATE: $MET 📊⚡
Status: HALAL (Spot Only)
Current Price: ~$0.2024 – $0.2028
Technical Analysis & Market Structure
15m / 1H Frame: On the 15m chart, $MET is attempting a localized relief bounce off its fresh low at $0.2009, currently trading just below short-term moving averages (MA(7): $0.2029 | MA(25): $0.2060 | MA(99): $0.2097). On the 1H chart, price action remains compressed under key moving average hurdles (MA(7): $0.2054 | MA(25): $0.2093 | MA(99): $0.2120), indicating structural consolidation after a extended pullback.
4H / 1D Frame: On higher timeframes, $MET has retraced from its recent swing high of $0.2531 down into dynamic multi-week support. The 4H timeframe shows price stabilizing around the long-term MA(99) line at $0.1970, with MA(7) ($0.2075) and MA(25) ($0.2111) overhead. The Daily (1D) chart confirms structural support as MET trades nicely above its daily MA(25) ($0.1870) and MA(99) ($0.1558), despite temporary resistance at daily MA(7) ($0.2190).
RSI Indicators: Across multiple timeframes, RSI values show complete reset from previous overbought conditions, signaling significant cool-down and a potential demand zone accumulation (15m: 36.1 | 1H: 39.9 | 4H: 45.5 | 1D: 55.7).
Spot Trade Setup Levels 🎯
Entry Zone: $0.1980 – $0.2030
Take Profit 1: $0.2180
Take Profit 2: $0.2350
Take Profit 3: $0.2520
Stop Loss: $0.1840
⚠️ Islamic Trading Note: Spot Trading Only. Futures and Margin Trading are Strictly Prohibited.
#MET #Meteora #HalalCrypto #BinanceSquare #CryptoAnalysis
