$MET has broken below the 0.51 level. There are two possible scenarios from here:
① It rebounds but fails to reclaim 0.51 → the level becomes resistance, with the 24-hour low of 0.3018 as the next downside target.
② It quickly reclaims 0.51 → this move looks more like a wick, and short sellers could get squeezed instead.
I’m paying closer attention to how the first rebound plays out.
#MET
This is for discussion only. Please manage your own risk.
① It rebounds but fails to reclaim 0.51 → the level becomes resistance, with the 24-hour low of 0.3018 as the next downside target.
② It quickly reclaims 0.51 → this move looks more like a wick, and short sellers could get squeezed instead.
I’m paying closer attention to how the first rebound plays out.
#MET
This is for discussion only. Please manage your own risk.