METISUSDT is consolidating within a long-term symmetrical triangle, with price currently testing a key demand zone around $23.00, a historically reactive level aligning with trendline support. Multiple liquidity taps at this area indicate strong accumulation interest, reinforced by RSI bouncing off historical oversold conditions.
This presents a high-probability buying opportunity, as a sustained hold above this level could initiate a reversal. A breakout above the triangle’s upper boundary, currently near $47.00, would confirm bullish continuation, opening the path for the mid-term target at $322.85. The measured move projection from the triangle pattern suggests a full upside extension towards the $6,774.72 final target.
However, invalidation occurs if price breaks below $10.61, which would shift the bias toward deeper price discovery.
This presents a high-probability buying opportunity, as a sustained hold above this level could initiate a reversal. A breakout above the triangle’s upper boundary, currently near $47.00, would confirm bullish continuation, opening the path for the mid-term target at $322.85. The measured move projection from the triangle pattern suggests a full upside extension towards the $6,774.72 final target.
However, invalidation occurs if price breaks below $10.61, which would shift the bias toward deeper price discovery.
Trade active
Metis still maintain the symmetrical triangle formation and we are holding our bullish view on the coin. The adjusted accumulation zone is a good area to load up the coin.
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.