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Metis USDT: Bearish Breakdown Targets Sub-$10 Level
The medium-term downtrend in Metis USDT persists on the 4-hour timeframe. Lower lows and lower highs are consistently observed. On a larger scale, a bearish trend is visible, and trading opportunities from mirror levels are only feasible when selling. The asset has fulfilled its substructure, removing liquidity and creating a sell block that has been tested and confirmed. An inverse breakdown of structure occurred, followed by a retest at levels and further decline, indicating the dominance of sellers. A cascade of liquidity levels below has formed, serving as fuel for continued reduction in price. The entry range is set between 14.92 and 15.19, with stop loss according to individual strategy and risk management. The targets are 13.67, 12.64, 11.63, and 9.15.
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AI Analysis
The analysis reveals a consistent downtrend in Metis USDT across multiple timeframes. The 4-hour chart shows a sequence of lower lows and lower highs, a fundamental characteristic of a bearish market....
AI Recommendation
Given the continued bearish trend and confirmation from multiple technical signals, it is advisable to prepare for a short position within the identified entry zone. Traders should set stop losses in ...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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