MET MONTHLY CHART JUST CHANGED CHARACTER
MET spent months falling from the $1.71 area and eventually bottomed around $0.0941. Since then, the monthly structure has started turning up, and the latest candles are pushing hard into $0.5238 with a major volume expansion.
Now the chart gives a very clear map.
$0.5238 is the immediate level. If MET gets a monthly breakout and holds above it, the next chart levels are $0.7243 → $1.0798 → $1.4353 → $1.7100.
For the trade, a clean break above $0.5238 followed by a retest holding that level is the confirmation. The invalidation is a move back below the breakout structure.
But if $0.5238 rejects and price loses the recent breakout area, the important lower chart levels are $0.30 and then the much bigger $0.0941 base.
This is what makes the chart interesting: MET has gone from a $0.0941 monthly bottom to testing $0.5238, while the next major resistance levels are already sitting clearly above it.
$0.5238 breakout → $0.7243 → $1.0798 → $1.4353 → $1.7100
That is the chart map. $MET
MET spent months falling from the $1.71 area and eventually bottomed around $0.0941. Since then, the monthly structure has started turning up, and the latest candles are pushing hard into $0.5238 with a major volume expansion.
Now the chart gives a very clear map.
$0.5238 is the immediate level. If MET gets a monthly breakout and holds above it, the next chart levels are $0.7243 → $1.0798 → $1.4353 → $1.7100.
For the trade, a clean break above $0.5238 followed by a retest holding that level is the confirmation. The invalidation is a move back below the breakout structure.
But if $0.5238 rejects and price loses the recent breakout area, the important lower chart levels are $0.30 and then the much bigger $0.0941 base.
This is what makes the chart interesting: MET has gone from a $0.0941 monthly bottom to testing $0.5238, while the next major resistance levels are already sitting clearly above it.
$0.5238 breakout → $0.7243 → $1.0798 → $1.4353 → $1.7100
That is the chart map. $MET