Trade Setup🎯
$MET Entry Zone: 0.2850 – 0.3060
Target 1: 0.3350
Target 2: 0.3680
Target 3: 0.4100
Stop-Loss: 0.2580 (Below the recent breakout base).
Analysis: "The Rocket Launch"
The chart shows a textbook "V-shaped" recovery that transitioned into a parabolic move. For days,
$MET was grinding near the $0.2400 support, boring sellers into submission. Today, the volume exploded—the MA(7) has curved upward sharply, acting as a launchpad for this vertical expansion.
This isn't just a "pump"; it's a structural shift. The massive green candle suggests that large buyers (whales) have entered the chat, and they aren't looking to exit anytime soon. The "wick-less" top on the current hourly candle shows extreme buying pressure where every dip is being swallowed instantly.
Outlook: "Moon or Dust?"
As long as MET stays above the 0.2625 (MA99) level, the bulls are in total control. The immediate goal is to flip the 0.3100 psychological barrier into support.
Bullish Case: A successful retest of the $0.2900 area followed by a bounce will likely send us flying toward the $0.40+ region.
Bearish Caution: If we lose the 0.2580 support, the "hype train" might need a pit stop, and the setup would be invalidated.
Summary: The trend is your friend—and right now, the trend is screaming "Up."
Note: Trading carries risk. Always manage your position size and don't chase the candle if it's already moved too far from the entry zone!
#MarketRebound #BinanceAlphaAlert #MET $MET