$MET The current price of MET indicates a corrective trend, as its price has decreased by 0.59% to reach $29,946. This decline is attributed to ongoing selling pressure and a retreat in whale activity.
*Technical Indicators:*
- The RSI indicator suggests that the market is in the oversold area
- Moving averages indicate a sell
- Candle analysis indicates a downward trend
*Influencing Factors:*
- _Decline in whale activity_: The number of whales $MET has decreased, indicating a decline in confidence among major holders.
- _Selling pressure_: The wide gap between EMAs indicates strong downward momentum.
*Future Forecasts:*
- The price of MET is expected to range between $2,966 and $3,245 in the coming days.
- It may reach $3,889 if the upward momentum continues ¹
METUSDT
Perp
0.323
-0.24%
Please note that these forecasts are not a recommendation to buy or sell, and you should conduct your own research before making any investment decisions.