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The DEFI sector has recently started showing signals, and the billion-dollar market cap MET has been pushed down to its technical support level in the past few days.
I personally opened a long position at the 0.306 price level, but to be honest, I wasn't very confident about this trade. However, the risk-reward ratio was relatively favorable, so I decided to give it a try. If I add to my position later, my target range is around 0.302 to 0.296, where I can build my position in batches.
Why do I call this a black car? Because I really don't have much confidence. But the key is that the odds of this wave of market movement are in our favor—the potential reward versus risk makes it worth a shot.
The key is whether the price can reclaim the 326 level. If the breakout succeeds, the potential for future growth is significant, and the outlook could be quite broad. But the prerequisite is strong technical support; otherwise, the risk is very real.