$METIS METIS/USDT Market Update

🔹 Current Price: $38.39 (-5.75%)

🔹 24H Range: $37.73 - $41.22

🔹 24H Volume: 96,055.47 METIS

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Technical Overview

EMA Levels:

EMA(7): $38.67

EMA(25): $39.67

EMA(99): $43.09

The price remains bearish, trading below all key EMA levels. Support is forming at $37.70, with immediate resistance near $38.70 (EMA7).

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Trading Strategy

Bearish Outlook

Entry: Below $38.00

Targets:

Target 1: $37.00

Target 2: $35.80

Stop Loss: $39.00

Reversal Opportunity

Entry: Above $39.00

Targets:

Target 1: $40.20

Target 2: $42.00

Stop Loss: $38.00

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Insights

METIS is under selling pressure but is nearing critical support levels. Monitor price movements closely for potential reversals or a continuation of the downward trend. Trade cautiously and manage risk effectively.

🔔 Stay tuned for updates!

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