$METIS /USDT – Technical Analysis (Binance)
Layer-2 gainer | Breakout with momentum
Price: 6.49 USDT
24h Change: +21.76%
24h Volume: ~6.09M USDT
Trend: Bullish (impulse move)
📈 Structure & Momentum
Breakout from base around 5.70–6.00 with strong volume.
Price is above 20/50 EMA on 1H & 4H, confirming trend strength.
RSI on lower TFs likely overbought → expect pullback or consolidation before next leg.
🔑 Key Levels
Resistance (Supply):
6.67
6.92 – 7.00 (major intraday / psychological)
7.80 – 8.20 (extension if 7 breaks)
Support (Demand):
6.35 – 6.40 (minor)
6.02 (important retest zone)
5.70
5.45 – 5.24 (HTF support / invalidation below)
🧠 Trade Setups
1️⃣ Pullback Long (Preferred)
Entry: 6.10 – 6.00
SL: below 5.70
TP: 6.70 → 7.00 → 7.80
2️⃣ Breakout Continuation
Entry: 4H close above 7.00
SL: 6.60
TP: 7.80 → 8.50
3️⃣ Intraday Scalps
TF: 15m–1h
Buy higher-low above 6.35–6.40
TP near 6.70–6.90
⚠️ Risk Notes
After a +20% day, chasing highs is risky.
Best R:R comes from retests, not tops.
Trail stops once 7.00 is tested.
📌 Outlook
As long as 6.00 holds, METIS remains bullish with upside toward 7–8+. A breakdown below 5.70 would shift bias to range/correction.
