【$METIS Signal】Short position, wait for downward momentum to exhaust

$METIS After a volume-driven decline, the market is searching for support. The -14.87% drop accompanied by changes in open interest suggests monitoring whether this is caused by a long squeeze leading to panic selling. Current price action shows selling pressure dominates, with no effective buying absorption observed.

🎯Direction: Short (NoPosition)

Wait for the price to show clear signs of stabilization in the key support zone (such as $3.50-$3.70), like long lower shadows, decreasing volume, or absorption of buy orders, or for a failed rebound pattern before considering a reversal trade. Currently, the risk-reward ratio for chasing a short is unfavorable; bottom-fishing on the left side is a contrarian move. Market sentiment is in panic mode, so patience is needed until emotions cool and the price structure is reformed.

Trade here 👇 $METIS

---

Follow me: Get more real-time analysis and insights on the crypto market!

‍#Gate广场创作者新春激励 #我的周末交易计划 #GateLive直播挖矿公测开启 #加密市场回调 $BTC $ETH Trading