🚀 $METIS — Bullish Long Setup | Buyers Target a Breakout 🔥
LONG 🟢
📍 Entry Zone: $3.78 – $3.84
🛑 Stop Loss (SL): $3.62
🎯 Take Profit:
- TP1: $3.92
- TP2: $4.05
- TP3: $4.20
📈 Market Analysis:
METIS is showing a strong recovery after bouncing from the $3.45 support area, pushing back toward $3.84 with a powerful 4H candle. This rebound suggests buyers are regaining momentum and attempting to regain control of the short-term trend.
The immediate level to watch is $3.85 resistance. A sustained breakout above this level could strengthen bullish momentum and open the way toward $3.92, $4.05, and potentially $4.20. However, confirmation is important—an initial move above resistance without follow-through could turn into a false breakout.
🔑 Key Levels:
- $3.85: Immediate breakout resistance.
- $3.75: Short-term support to monitor.
- $3.45: Major support area behind the recent rebound.
⚠️ Risk Note:
Avoid chasing a sudden green candle. Watch for a confirmed break above $3.85 or a successful retest before entering. If price loses $3.75, a pullback becomes more likely. A move toward the $3.62 stop-loss would invalidate the setup according to the planned risk level. Manage position size carefully and never risk more than you can afford to lose.
Bullish bias while support holds, with a confirmed breakout above $3.85 needed for stronger continuation. 🚀
Buy and Trade $METIS here 👇
DYOR.
LONG 🟢
📍 Entry Zone: $3.78 – $3.84
🛑 Stop Loss (SL): $3.62
🎯 Take Profit:
- TP1: $3.92
- TP2: $4.05
- TP3: $4.20
📈 Market Analysis:
METIS is showing a strong recovery after bouncing from the $3.45 support area, pushing back toward $3.84 with a powerful 4H candle. This rebound suggests buyers are regaining momentum and attempting to regain control of the short-term trend.
The immediate level to watch is $3.85 resistance. A sustained breakout above this level could strengthen bullish momentum and open the way toward $3.92, $4.05, and potentially $4.20. However, confirmation is important—an initial move above resistance without follow-through could turn into a false breakout.
🔑 Key Levels:
- $3.85: Immediate breakout resistance.
- $3.75: Short-term support to monitor.
- $3.45: Major support area behind the recent rebound.
⚠️ Risk Note:
Avoid chasing a sudden green candle. Watch for a confirmed break above $3.85 or a successful retest before entering. If price loses $3.75, a pullback becomes more likely. A move toward the $3.62 stop-loss would invalidate the setup according to the planned risk level. Manage position size carefully and never risk more than you can afford to lose.
Bullish bias while support holds, with a confirmed breakout above $3.85 needed for stronger continuation. 🚀
Buy and Trade $METIS here 👇
DYOR.