$MET /USDT – Sharp Volatility, Market Testing Conviction
MET
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$MET just experienced a strong downside move, dropping from the 0.25 zone to around 0.219 with heavy volume. The rejection near the highs suggests early profit-taking and weak short-term demand after the initial hype phase.
What stands out to me is the volume spike near the lows. This often indicates panic selling followed by selective accumulation, not a clean breakdown. The 0.21–0.22 range now acts as a critical demand zone. If this level holds, MET could attempt a short-term base. If it fails, price discovery may continue lower.
This is a classic high-risk, high-volatility phase. I am watching structure and volume, not chasing candles. Patience matters more than prediction here.
Not financial advice. Always manage risk.