MET just did +64% and RSI is at 91. That's cooked #MET
$MET : pumped from 0.1921 to 0.5445 in one move. RSI 91.86 — extreme. Already dumped 6.5% from the high. Volume spiked and is now fading. This is what a blow-off top looks like.
Late buyers are trapped here. If it breaks 0.4477 (EMA7), it can dump to 0.3663/0.3202.
Short entry: 0.50 – 0.52
Targets: 0.4477 / 0.3663
SL: 0.5450
Watching for rejection from 0.5445. If it fails to reclaim, I think the dump continues.
anyway manage your risk and positions.... best of luck
#CryptoDropbit
$MET : pumped from 0.1921 to 0.5445 in one move. RSI 91.86 — extreme. Already dumped 6.5% from the high. Volume spiked and is now fading. This is what a blow-off top looks like.
Late buyers are trapped here. If it breaks 0.4477 (EMA7), it can dump to 0.3663/0.3202.
Short entry: 0.50 – 0.52
Targets: 0.4477 / 0.3663
SL: 0.5450
Watching for rejection from 0.5445. If it fails to reclaim, I think the dump continues.
anyway manage your risk and positions.... best of luck
#CryptoDropbit