$MET /USDT BEARISH CONTINUATION – SELLERS STILL IN CONTROL 📉
$MET /USDT is showing clear bearish pressure after failing to hold above the recent swing high near 0.27. Price is trading close to the day’s low, indicating weak demand and strong selling interest. Lower highs and sustained rejection from resistance suggest that the market is likely to continue moving downward unless buyers reclaim key levels with strong volume.
📌 Trade Setup (Short Position)
Entry (Sell): 0.2580 – 0.2620
Targets (TP):
TP1: 0.2500
TP2: 0.2420
TP3: 0.2320
Stop Loss (SL): 0.2705
📊 Technical Reasoning
Price rejected from 0.27 resistance
Trading below short-term support
Bearish momentum supported by volume
No strong bullish structure on lower timeframes
🔎 Market Outlook
As long as
$MET /USDT remains below 0.27, the outlook stays bearish. A short-term bounce is possible, but it is likely to be a pullback for further downside rather than a trend reversal. Bulls need a strong close above resistance to invalidate this setup.
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