$MET is moving, but I'm watching something other than price. 👀
OI went from around $21M to nearly $90M in less than 24 hours.
That's a huge amount of fresh leverage entering while $MET breaks above $0.50.
My levels:
🟢 $0.50 - needs to hold
🟡 $0.45 - first pullback zone
🔴 $0.30 - major support
Bullish momentum? Yes.
But with OI exploding like this, I'd also expect some serious volatility.
The move is interesting. The leverage makes it even more interesting.
OI went from around $21M to nearly $90M in less than 24 hours.
That's a huge amount of fresh leverage entering while $MET breaks above $0.50.
My levels:
🟢 $0.50 - needs to hold
🟡 $0.45 - first pullback zone
🔴 $0.30 - major support
Bullish momentum? Yes.
But with OI exploding like this, I'd also expect some serious volatility.
The move is interesting. The leverage makes it even more interesting.