📈 $METIS — 1H Chart Analysis
METIS just delivered a strong upside expansion and the structure is clearly bullish 🔥
🔹 Trend Strength:
Price is firmly trading above MA(7), MA(25), and MA(99) — a textbook bullish alignment. Short-term and mid-term momentum are fully in favor of buyers.
🔹 Breakout Move:
METIS broke out cleanly from the 5.30–5.40 consolidation zone and accelerated straight to 5.88, showing aggressive demand.
🔹 Current Price Action:
Now hovering around 5.78, which looks like a brief consolidation after impulse, not distribution. Bulls are defending gains well.
🔹 Key Levels:
Immediate Support: 5.55 – 5.50 (MA7 / breakout retest)
Strong Support: 5.35 (MA25 zone)
Resistance: 5.88 → 6.00 psychological level
🔹 Volume Insight:
Volume spiked sharply on the breakout — confirming this move is backed by real participation, not a fake pump.
💡 Bias:
Holding above 5.50 → continuation toward 6.0+ possible
Losing 5.35 → deeper pullback, but trend remains bullish unless MA99 breaks
📌 Summary:
METIS is in a strong bullish continuation phase. Pullbacks into support zones may offer cleaner risk-managed opportunities.
⚠️ Not financial advice. Trade with proper risk management.
#METIS #METISUSDT #BinanceSquare #Altcoins
