๐ช ASSET: $MET /USDT (Binance)
๐ข DIRECTION: LONG (Long position)
๐ TREND: Pronounced uptrend. Price surged from 0.1504 (chart bottom) to the current 0.1691 โ a growth of ~12.4%. Price is trading above all key EMAs: EMA(7) 0.1643, EMA(25) 0.1616, EMA(99) 0.1629, EMA(200) 0.1612 โ full bullish setup. RSI(6) is at 80.70 โ close to overbought, which may indicate short-term consolidation, but the trend remains strong. MACD is positive (DIF 0.0010, DEA -0.0004, MACD 0.0014) โ confirming bullish momentum. Supertrend 0.1587 is green and below the price โ an additional signal of strength. Volume of $2.90M confirms buyer activity.
โ๐ฏ Trading Setup
โ๐ฏ Entry: 0.1680 โ 0.1700
โ๐ Stop-Loss: 0.1600 (below Supertrend 0.1587 / EMA(200) 0.1612 + buffer)
โ๐ Take-Profits:
โ๐ข TP1: 0.1725 โ breaking 24h high 0.1728
โ๐ข TP2: 0.1780 โ above local peak 0.1744
โ๐ข TP3: 0.1850 โ extended target, approaching the 0.1900 zone
โ๐ Key Levels
โ๐ต Bottom (0.1504): Local minimum / growth start level
โ๐ด Resistance (0.1744): Local peak / correction start level
โ๐ข Support (0.1587): Supertrend / dynamic support level
โ๐ฏ Entry Zone (0.1680โ0.1700): Current zone / retest of EMA(7) 0.1643 from above
โ๐ Stop-Loss (0.1600): Below Supertrend and EMA(200) with a buffer
โโ ๏ธ Disclaimer: This analysis is not financial advice. Trade at your own risk.
$MET