$MET printed a CHoCH on the 45min after weeks of flat price action, then exploded vertically to $0.2400 before getting sold off hard. Price is now at $0.1851, up +3.01%, holding just above the teal dotted level and the chart is projecting a retest of the $0.1420–$0.1500 CHoCH demand zone before the next leg higher.
MET
0.1817
+0.05%
That demand zone is where the entire breakout originated. If it holds on the retest, the setup targets $0.2000–$0.2100 first, with a push back toward $0.2400 as the continuation target. The teal dotted level at $0.1850 is the immediate floor, losing it accelerates the move toward the retest zone.
If $0.1420 breaks on a 45min close, the CHoCH is fully invalidated and MET risks sliding back into the pre-pump consolidation range below $0.1400.
What to watch:
Hold $0.1420–$0.1500 on the CHoCH retest → recovery to $0.2000–$0.2100, then $0.2400
Lose $0.1420 on close → CHoCH invalid, back to pre-pump range
CHoCH confirmed, spike printed, now the retest at $0.1420–$0.1500 is where this trade either confirms or collapses.