$MET Breakout, Now Building a Base
Current price is trading near 0.2896 after a sharp impulsive breakout from the lower range. The explosive move has cooled into a tight consolidation, which is typical after strong momentum expansion. On the 1H timeframe, price is holding above the breakout zone, keeping the bullish structure intact.
Trade Setup
• Entry Zone: 0.285 – 0.292
• Target 1 🎯: 0.305
• Target 2 🎯: 0.325
• Target 3 🎯: 0.350
• Stop Loss: 0.272
The rejection from 0.31 looks like short-term profit-taking rather than distribution. Buyers are defending the 0.285–0.288 area well, which aligns with previous resistance turned support.
If price reclaims and holds above 0.300 with volume, continuation toward higher resistance becomes likely. As long as MET stays above the breakout base, momentum remains biased to the upside.
MET
0.293
+13.52%
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