$METIS Technical Analysis

Current Price: $43.41 (+10.80%)

METIS/USDT has surged by +10.80%, currently trading at $43.41 after touching a 24h high of $45.30. The price has been on an impressive upward trajectory, with key indicators signaling strong bullish momentum.

Support & Resistance:

The price action shows immediate support around $40.49, while resistance is clearly marked at $45.30. If METIS breaks through this resistance, it could continue toward higher levels, while a failure could result in a pullback to the support range

MACD Indicator:

The MACD is strongly bullish, with a widening gap between the MACD line and the signal line, suggesting sustained buying pressure. The positive MACD histogram bars are increasing, further confirming this upward momentum

Volume:

Strong volume accompanies this price move, suggesting high market participation and confidence. Continued volume will be a critical factor in pushing METIS past the $45 resistance

The chart shows bullish signals, but traders should keep an eye on potential resistance at $45.30. If volume declines, some consolidation around support levels may occur

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