⚡️ $METIS STRONG REBOUND: Next Leg Up Setting Up! 🚀
$METIS has shown a powerful rebound and is now consolidating, setting the base for the next major leg up! We are looking for confirmation above 6.50 to launch toward the key target of 7.60.
This is a clean continuation setup with tight risk management.
📈 LONG TRADE LEVELS:
• Entry Zone: 6.35 to 6.45 (Accumulation Range)
• Bullish Confirmation: Above 6.50
• Target 1 (TP1): 6.75
• Target 2 (TP2): 7.10
• Target 3 (TP3 - Main Goal): 7.60
• Stop Loss (SL): 6.10 (Protects the structural low of the rebound!)
Rebound Continuation
The strong rebound indicates major buying interest at lower levels, turning the previous sell-off into a defensive wick. This structure is highly bullish. The trade offers an excellent Risk/Reward:
• Risk: Entry (\approx\$6.40) to SL (6.10) = 0.30 risk.
• Reward: Entry (\approx\$6.40) to T3 (7.60) = 1.20 reward.
• R:R Ratio: 4:1. This is a highly favorable setup for a swing trade.
The chart is setting up for a breakout above 6.50. Execute with discipline, and respect the 6.10 Stop Loss rigorously!
