$MET Signal】Pullback to add on dips / Breakout to chase longs, strong 1H-level short squeeze


$MET 1H level RSI skyrocketed to 93.82, buying pressure extremely crowded, the 4H Bollinger upper band was directly broken through. Negative funding rate -0.0072% combined with price staying firm—passive short covering pressure is accumulating.

Price is ranging at a high around 0.2014; chasing higher directly is too risky. Two approaches: aggressive traders test longs with a small position around 0.2008, betting on inertia to push upward. Conservative traders place orders around 0.1553 to position for a deep pullback—this area is close to the resonance zone of the 4H EMA50 and the 1H Bollinger middle band.

🛑Defense is unified below 0.1473; if it breaks through, the long structure will be damaged.

🚀First target: 0.2017, near the previous high psychological level.

🚀Second target: 0.2025—after the breakout, upside space opens up.

🛡️Trade management:
- Execution strategy: When price hits 0.2017, cut the position size in half; move the stop-loss on the remaining position up to the entry cost. If price cannot hold above 0.2008 and drops back, exit at break-even and observe.

Order book depth imbalance -4.67%, sell orders are thin—slight buying is enough to push price higher. The MACD double lines on both 1H and 4H are still expanding strongly, but the histogram shows signs of convergence; short-term there may be a pullback need. OI is stable—this isn’t a pump-and-dump; it’s more like a high-turnover shakeout. The risk-reward ratio here requires an accurate entry point to make up for positional disadvantages.

View real-time market 👇 $MET
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#Gate13周年现场直击 #WCTC交易赛瓜分800万USDT #比特币反弹
MET9.27%
BTC4.28%
ETH4.02%
SOL2.85%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin