$METIS /USDT: Long Signal - Spot and Futures
$METIS /USDT is approaching $54.08, consolidating near key support levels. A potential rebound could emerge with buying interest increasing near the $54 area.
Spot Trading Signal
• Entry Zone: $53.50 - $54.20
• Targets:
• $55.50
• $57.00
• $59.00
• Stop Loss: $52.70
Futures Trading Signal
• Entry Zone: $53.50 - $54.20
• Targets:
• $55.50
• $57.00
• $59.00
• Stop Loss: $52.70
• Leverage: 5x (Moderate Risk)
Market Analysis
• Support: $52.78 – Recent bounce area, acting as strong support.
• Resistance: $55.50 - $57.00 – Break above this could trigger momentum.
• Trend: Corrective pullback; watch for a bullish reversal near support.
Insights
• Volume shows buyers stepping in around $54.
• RSI indicates near oversold conditions, suggesting a reversal possibility.
• Maintain a strict stop loss at $52.70 to minimize risk.
$METIS /USDT is poised for a potential recovery if buyers defend support levels. Watch for increasing volume as confirmation.