$MET /USDT – BEARS IN CONTROL, FURTHER DOWNSIDE LIKELY 📉
Market Next Move (Bearish Bias):
$MET /USDT is showing clear bearish continuation after rejection from the 0.29–0.30 resistance zone. Price is trading below key intraday levels with weak buying volume, indicating sellers are still dominant. Unless the price quickly reclaims above the broken support, the next move is expected to be downward toward lower demand zones.
📊 Technical Explanation
Price rejected near 0.298 – 0.289 supply zone
Currently trading below short-term support 0.272 – 0.268
Lower highs & lower lows structure intact
Momentum favors sellers while volume remains moderate
🎯 TRADE SETUP (SHORT – Preferred)
Entry (Sell):
0.268 – 0.272 (on pullback / rejection)
Targets (TP):
TP1: 0.256
TP2: 0.245
TP3: 0.232
Stop Loss (SL):
0.289 (Above resistance & invalidation zone)
⚠️ Conservative traders can wait for a pullback before entering.
🔮 Short Market Outlook
As long as remains below 0.29, the trend stays bearish. Any bounce is likely to be a dead-cat bounce unless strong volume flips structure bullish. Caution advised for longs until a clear breakout and retest occurs.
#METUSDT #CryptoTA #BearishTrend #Altcoins #DeFi $MET
