💥💥Metis Coin Price Analysis: Metis on the Rise! 💥💥

Metis Coin is the native token of the MetisDAO ecosystem, which provides Layer 2 scaling solutions on the Ethereum network. Metis, which aims to provide fast, low-cost and secure transactions for users, also provides infrastructure for decentralized application (dApp) development, DAOs and Web3 projects. This token is used for various purposes such as paying transaction fees, staking and participating in governance processes within the ecosystem.

After the correction in Bitcoin, there were some value losses in altcoins. However, this decline created an opportunity for notable projects such as METIS. Metis Coin retested the resistance it had previously broken, and this region has now become a critical reaction area for the asset.

If Bitcoin starts to rise without falling below the $ 91,800 level, Metis Coin could start a rapid recovery movement from this level. From a technical perspective, the coin has created a strong base by taking support from the 50-day SMA (Simple Moving Average). If this scenario happens, the $54.66 level can be determined as the first target (TP) point. If this level is exceeded, our next target will be $61.10.

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