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Bearish

Don't be fooled by short-term small bullish candles; $MET 's rebound is a classic bull-trap recovery.



The altcoin sector has cooled rapidly recently. MET's earlier rally was driven entirely by short-term speculation from hot money, with no long-term fundamental support. After the price surged, selling pressure continued to build overhead, and repeated attempts to break through the resistance zone failed. The indicators formed a bearish divergence, and a short-term rebound cannot change the broader weak trend.

The highs kept moving lower as bearish momentum gradually played out, and the 10x short position comfortably secured more than twice its value in gains. Altcoin price spikes are most likely to trap those chasing highs: seeing prices rise and jumping in can easily leave you buying near a local peak. $SNDK #现货黄金跌破$4000 $MAGMA
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METMET-3.04%
SNDKSNDK-1.17%
MAGMAMAGMA-14.78%


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TheLongWindIsLeadingTheOrder
an hour ago
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BigFishDon'tEatFish
5 hours ago
Why isn't it pumping anymore?
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Bull Run 🐂
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