📊 $METIS Technical Analysis & Setup
Heavy volume on a -4.6% slide signals firm seller dominance. Market structure across 1h, daily, and weekly timeframes is currently aligned with lower highs and lower lows, keeping price pinned beneath the EMAs.
• Key Support / Demand: 2.64, followed by deeper shelves at 2.58 and 2.53.
• Resistance / Supply Targets: 2.69, with major overhead friction at 2.72–2.75.
• Trigger / Confirmation: Look for a liquidity sweep of 2.69 followed by a lower-timeframe rejection or market structure shift back below 2.72 before considering entries.
• Risk / Invalidation: A 1h candle close above 2.85 completely invalidates the bearish bias.
• Market Execution: Manage risk tightly as broader market conditions remain mixed.
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #METIS #Trading
Heavy volume on a -4.6% slide signals firm seller dominance. Market structure across 1h, daily, and weekly timeframes is currently aligned with lower highs and lower lows, keeping price pinned beneath the EMAs.
• Key Support / Demand: 2.64, followed by deeper shelves at 2.58 and 2.53.
• Resistance / Supply Targets: 2.69, with major overhead friction at 2.72–2.75.
• Trigger / Confirmation: Look for a liquidity sweep of 2.69 followed by a lower-timeframe rejection or market structure shift back below 2.72 before considering entries.
• Risk / Invalidation: A 1h candle close above 2.85 completely invalidates the bearish bias.
• Market Execution: Manage risk tightly as broader market conditions remain mixed.
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #METIS #Trading
