MET is slumping beneath the 30-day average as sellers dominate the order flow, and the next swing could cement a short-term bear market. With the macro backdrop of waning risk appetite, every dip feels like a catalyst for further downside.
🔴 $MET SHORT 📉 — Trade Plan
• Entry: $0.288911 – $0.289489
• Stop: $0.297876 (-3.0%)
• Target 1: $0.284862 (+1.5%)
• Target 2: $0.274740 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market just broke a higher low (CHoCH) while the CVD turned sharply bearish, confirming the sell pressure. A fresh fair value gap and an order block sit right above the current price, and a liquidity sweep ripped through the nearby resistance, creating a POI where the OB and FVG overlap. All that lines up for a classic short entry.
A 3.0% stop is relatively tight on this volatility, so keep leverage modest – around 3-5x is prudent.
Take partial profit at the first target to lock in gains before the next swing.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$MET #METUSDT #THORChain #TradingSignals #Write2Earn
🔴 $MET SHORT 📉 — Trade Plan
• Entry: $0.288911 – $0.289489
• Stop: $0.297876 (-3.0%)
• Target 1: $0.284862 (+1.5%)
• Target 2: $0.274740 (+5.0%)
• R/R 1:1.7 | Confidence 64%
The market just broke a higher low (CHoCH) while the CVD turned sharply bearish, confirming the sell pressure. A fresh fair value gap and an order block sit right above the current price, and a liquidity sweep ripped through the nearby resistance, creating a POI where the OB and FVG overlap. All that lines up for a classic short entry.
A 3.0% stop is relatively tight on this volatility, so keep leverage modest – around 3-5x is prudent.
Take partial profit at the first target to lock in gains before the next swing.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$MET #METUSDT #THORChain #TradingSignals #Write2Earn