$MET has broken out of its descending resistance and rallied from around $0.30 to $0.53, gaining over 70%.
After weeks of selling pressure, buyers have taken control, pushing price above the previous resistance at $0.38.
The next area to watch is $0.53-$0.55. A clean breakout could open the door toward $0.60.
However, after such a sharp rally, a short-term pullback is possible.
The structure is bullish, but holding above $0.45-$0.48 would help confirm continued strength.
After weeks of selling pressure, buyers have taken control, pushing price above the previous resistance at $0.38.
The next area to watch is $0.53-$0.55. A clean breakout could open the door toward $0.60.
However, after such a sharp rally, a short-term pullback is possible.
The structure is bullish, but holding above $0.45-$0.48 would help confirm continued strength.