$METIS
🗝️ METIS has a potential squeeze scenario near $4.1047, but short liquidations alone are not proof of a bullish breakout.
Trade Direction: LONG
Entry Zone: $4.10 – $4.14
Stop Loss: $4.00
TP1: $4.22
TP2: $4.34
TP3: $4.48
The Edge:
Short liquidations indicate that bearish positions were forced out near $4.1047. If METIS holds this area and pushes through $4.14, further upside becomes possible as momentum builds. Rejection at the entry zone would weaken the thesis, so confirmation matters more than anticipation.
Invalidation: A break below $4.00 cancels the setup.
⇲ Trade the confirmed move, not the squeeze narrative.
🗝️ METIS has a potential squeeze scenario near $4.1047, but short liquidations alone are not proof of a bullish breakout.
Trade Direction: LONG
Entry Zone: $4.10 – $4.14
Stop Loss: $4.00
TP1: $4.22
TP2: $4.34
TP3: $4.48
The Edge:
Short liquidations indicate that bearish positions were forced out near $4.1047. If METIS holds this area and pushes through $4.14, further upside becomes possible as momentum builds. Rejection at the entry zone would weaken the thesis, so confirmation matters more than anticipation.
Invalidation: A break below $4.00 cancels the setup.
⇲ Trade the confirmed move, not the squeeze narrative.