$METIS – Rejection After Pump Short Setup

$METIS is showing clear rejection after a sharp pump, with long wicks indicating strong selling pressure. The structure is weakening as lower highs start forming post-spike.

Trade Setup – Short

Entry Zone: 4.40 – 4.80

Stop Loss: 5.30

Targets:

TP1: 3.90

TP2: 3.50

TP3: 3.00

Structure Insight

• Strong rejection after impulsive move

• Long wicks showing heavy selling pressure

• Momentum cooling after pump

• Lower highs forming = bearish shift

Outlook

If price remains below 5.0, downside continuation toward support zones is likely.

A break above 5.30 would invalidate the setup and suggest renewed bullish momentum.