【$MET Signal】Testing the upper boundary of the range, game of secondary rally

$MET 1H level rally and pullback, price is hovering around 0.1886. The 1-hour MACD fast and slow lines are dead-crossing below, histogram shrinking in negative territory, bearish momentum weakening but not reversing. The Bollinger Bands 1H middle band at 0.1845 provides initial support, the upper band at 0.2011 is recent resistance. Market depth data shows buy orders dominate at 19.19%, active buying interest still present.

Price fluctuates within the 0.1878 to 0.1896 range, with a light position near the current price of 0.1885 to test long. The game is to see if it can rally again after retracing to the middle band on the hourly chart.

🛑 Defense must be placed below 0.1862; a break below would break the bullish structure.

🚀 First target is 0.1964, approaching the 1H previous high area.

🚀 Second target is 0.1998, touching the 1H Bollinger upper band.

🛡️ Trading management:
- Execution strategy: Reduce half of the position after reaching 0.1964, move the remaining stop-loss to the cost basis. If the price cannot hold above 0.1890 and drops again, consider exiting early.

Position remains stable, no large-scale exits observed. The 1-hour RSI is around 62, not extremely overbought, leaving room for upward movement. The current risk-reward ratio is close to 2:1, within an acceptable range. The success or failure of this breakout attempt after consolidation often hinges on a moment’s decision; the key is firm stop-loss placement.

Check real-time market 👇 $MET
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