#技术分析 took a look at $MET today, and the price action is getting interesting.
It’s up 9.2% in 24 hours, currently at 0.3056, with $23.7 million in trading volume. Turnover is approaching 14% of its market cap—this rally isn’t creeping up on low volume; it’s backed by real money.
The moving averages are holding too: the 4-hour MA7 is at 0.2826 and the MA25 at 0.2796. Price is above both, with the short-term averages aligned bullishly. The MACD has just formed a golden cross, with the histogram turning positive at 0.002—momentum is just starting to pick up. RSI is 51.6, so it’s not overheated, and there’s still room before it becomes too late to chase.
However, the price has already reached the upper Bollinger Band around 0.3028, and the 7-day high of 0.3058 is right overhead—so it’s pushing against the ceiling.
Two possible scenarios: if it holds above 0.306 and volume doesn’t dry up, there’s little resistance above. But if it gets rejected at 0.306 and falls back below 0.282, then all that volume will have been for nothing, and the short-term price action will need closer watching.
It’s up 9.2% in 24 hours, currently at 0.3056, with $23.7 million in trading volume. Turnover is approaching 14% of its market cap—this rally isn’t creeping up on low volume; it’s backed by real money.
The moving averages are holding too: the 4-hour MA7 is at 0.2826 and the MA25 at 0.2796. Price is above both, with the short-term averages aligned bullishly. The MACD has just formed a golden cross, with the histogram turning positive at 0.002—momentum is just starting to pick up. RSI is 51.6, so it’s not overheated, and there’s still room before it becomes too late to chase.
However, the price has already reached the upper Bollinger Band around 0.3028, and the 7-day high of 0.3058 is right overhead—so it’s pushing against the ceiling.
Two possible scenarios: if it holds above 0.306 and volume doesn’t dry up, there’s little resistance above. But if it gets rejected at 0.306 and falls back below 0.282, then all that volume will have been for nothing, and the short-term price action will need closer watching.
