I wouldn't be surprised if $METAB first makes those who have already bought nervous.
A pullback into the 558–579 area would now look absolutely logical.
And that's exactly where I'll be watching the closest.
If a strong buyback appears, a bullish engulfing, or a confident holding of support, the market is quite capable of returning to 607.00 and then testing 616.52.
But if the price consolidates below 558, the picture will change very quickly.
The market likes to test your patience before rewarding it.
As of $H USDT, I see no reason to argue with the trend.
The drop may not be over yet.
The most interesting levels for me are 0.07212 and 0.07936.
If the price makes a pullback there and sellers again show strength, that's exactly where a short will look much more appealing than selling after yet another red candle.
The nearest targets are 0.06505 and 0.05621.
If the selling pressure increases, the market could well reach 0.04900.
But there is one level that completely changes the scenario.
A consolidation above 0.09337 will make you forget about shorts and look instead toward 0.109 and 0.17.
The market loves to break the expectations of those who are too confident in just one scenario.