Meteora (MET) is attracting attention after gaining approximately 17.83% in the supplied Binance chart snapshot, with price trading around $0.3245.
But the bigger question is whether this rally has enough strength to continue.
What the Four Timeframes Reveal
15-Minute Chart:
MET is trading near its MA(7) at $0.3243, while MA(25) at $0.3129 and MA(99) at $0.2925 remain below price. Short-term momentum is positive, but the price is approaching resistance.
1-Hour Chart:
Price is above MA(7) at $0.3150, MA(25) at $0.2940 and MA(99) at $0.2835. This supports the bullish short-term structure.
4-Hour Chart:
The price remains above all three moving averages: MA(7) at $0.3002, MA(25) at $0.2856 and MA(99) at $0.2963. The broader structure remains constructive.
Daily Chart:
MET is above MA(7) at $0.2846, MA(25) at $0.3156 and MA(99) at $0.2625. However, MA(7) is still below MA(25), so the daily moving-average structure is not fully aligned.
Key Levels Traders Should Watch
Resistance:
$0.3299
$0.3329–$0.3334
Support:
$0.3200–$0.3181
$0.3156–$0.3129
$0.3002
A convincing move above $0.3299–$0.3334 with stronger volume could open the door to further upside.
However, rejection from this zone could trigger profit-taking and a pullback towards the nearby support levels.
The Volume Factor
The reported 24-hour volume is approximately 16.92 million MET, equivalent to around $5.16 million USDT.
Daily volume is strong relative to its displayed averages, but the shorter-timeframe candle volumes are below their respective averages. Traders should watch for fresh buying participation before treating a breakout as confirmed.
Final View
MET currently has a constructive multi-timeframe structure, but its next move depends on how it reacts around the $0.3300–$0.3334 resistance zone.
Chasing a sharp rally without confirmation can be risky.
What do you think happens next?
MET breaks above $0.3334 and continues higher.
Sellers defend resistance and price pulls back.
MET consolidates before its next move.
Share your analysis in the comments.
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Disclaimer: This analysis is based on the supplied chart screenshots and is for educational purposes only. It is not financial advice.