IN FOCUS: $METIS
Price at 10 PM (Brasília): US$ 9.84
Variation in the last 24h: -3.34%
Volume traded (24h): ~116,570 METIS (~US$ 1.17 million)
Maximum/Minimum in the last 24h: US$ 10.44 / US$ 9.57
Technical indicators at 10 PM (Brasília):
RSI (6): 1.04 — extremely oversold
RSI (12): 10.15 — still very low
RSI (24): 23.63 — below 30, indicating a possible trend reversal
The coin has a Seed Tag, indicating that it is an early-stage project with high volatility. This may represent great appreciation opportunities but also high risks.
MetisDAO is a project that seeks scalability for decentralized applications (DApps) using Layer 2 solutions. This is promising, especially in a market that values efficiency and low transaction costs. However:
* The current price is falling, and technical indicators show strong selling pressure.
* The traded volume is reasonable, indicating liquidity, but is not among the highest.
* The presence of the Seed Tag reinforces that it is a speculative asset, ideal for those with a bolder profile.
Conclusion: #METIS may be interesting for those looking for innovative projects in blockchain and are willing to take risks. For conservative investors, it may be better to observe for a longer time before entering.