$METIS $METIS The recent performance of METIS has been quite tough for many. Starting from a high of $5.405, this coin has been like being pressed to the ground and rubbed, with several rebounds being crushed down. It finally broke through the $4.830 support line, rebounded to $4.888 but still couldn't stabilize, with a daily decline of 5.44%.


Let's look at the data first. The 24-hour trading volume exceeded 3.95 million USDT, with a trading volume of 785,341.76. You might ask, is this decline driven by high volume selling? Not entirely — although there wasn't a terrifying explosion of volume, selling pressure has been persistent and steadily pushing the price down. What does this indicate? The bearish sentiment is particularly persistent, and each previous support level has failed to hold.
Looking ahead, over 7 days, the price has fallen 4.55%, and over 30 days, the decline is even more outrageous, at -25.36%. This is not short-term volatility; it's a clear medium-term weakness pattern.
**Technical outlook?**
The key levels now are a few: $5.10 is an important stop-loss line. If the price can hold steady here, it suggests that the bearish momentum may be weakening, and the short-term downtrend might slow down. If it breaks through, then the bears will have new momentum to continue pushing down.
Looking further down, $4.85 is the first target, then $4.80. If that level also breaks, $4.75 might be tested next.
**How to operate?**
First, for those aiming for ultra-short-term rebounds. Do not buy the dip immediately — that’s too risky. Wait until the price rebounds to the $5.00-$5.10 range before considering, and try small positions to test the waters. Only when the price truly stabilizes at the recent key resistance level can you officially open a position. Otherwise, if the rebound turns around and drops sharply, you'll be caught holding the bag.
The logic for shorting is relatively clearer. The first target is $4.85, the second is $4.80. If the downtrend continues, $4.75 might also be tested. Stop-loss is set at $5.10; if the price breaks this level, we admit defeat because the trend might be about to change.
**Key advice**
As long as the $5.10 line isn't broken, I personally see no reason to change my bearish outlook on METIS. The medium-term weakness pattern is still there. Although volume hasn't suddenly surged, the stability of selling pressure indicates bears still have strength.
For long positions, the risk of catching the bottom now is quite high. Wait for clear signs of stabilization, such as the price rising back and stabilizing at a key level, with volume picking up, before entering. That’s a relatively safer entry point.
For shorts, don’t chase after the fall blindly. The most stable approach is to wait for the coin to rebound to resistance levels before entering, so you can profit from this downward move in the most secure way. The market pace is speeding up, and it increasingly tests patience and discipline.
METIS3,18%
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