$METIS USDT – Bullish Continuation Breakout Likely After Pullback
$METISUSDT is showing strong bullish momentum on the intraday chart after a +16% rally, with price holding above key short-term support. The structure shows higher highs and higher lows, indicating trend continuation.
After tapping the 5.70–5.72 resistance (24h high), price is slightly consolidating near 5.50, which looks like a healthy pullback rather than distribution. Volume expansion during the push up suggests buyers remain in control.
A break and hold above 5.70 resistance could trigger the next impulsive leg higher.
📈 Trade Setup (Long)
Entry range: 5.45 – 5.55
Target 1: 5.72 (recent high / resistance)
Target 2: 5.95
Target 3: 6.20
Stop loss (SL): 5.25
🔍 Technical Confluence
• Strong 24h gainers momentum
• Higher lows forming on lower timeframes
• Consolidation above former resistance turned support (~5.40–5.45)
• Volume supports bullish continuation
📊 Short Outlook