I’m watching $MET after a strong rejection from the recent highs. Price pushed up fast, but sellers stepped in aggressively, and momentum is now fading at resistance.
This looks like a classic pullback setup after an overextended move.
💰 Entry Zone: 0.185 – 0.192
🎯 Target 1: 0.175
🎯 Target 2: 0.165
🎯 Target 3: 0.152
🛑 Stop Loss: 0.205
📊 Why this setup works:
I’m seeing clear rejection from the highs, which usually signals profit-taking and distribution after a sharp pump. Price failed to hold above resistance, and that tells me buyers are losing strength at this level.
When momentum drops after a fast move up, the market often corrects back toward previous support zones to rebalance liquidity.
As long as price stays below 0.205, I consider the bearish structure valid. If it reclaims that level, I step out because the rejection idea is invalidated.
#JustinSunSuesWorldLibertyFinancial