As
METISUSDT
continues its rise - it has blasted through the resistance at around $80-$85 resistance band, I expect this to become a support (if needed - *doubtful at present).
There is nothing but air between here and ~$100 where we will meet both a zone of prior support / resistance but also the psychological level of 3 figures...
> Expect to see some chop between $99 - $110 or thereabouts.
If we break that zone and flip it - with continuing volumes - next zone is around $125, followed by a weak zone at around $135.
The REAL test though if the momentum continues will be breaking the $150-170 gap - heavy zone of resistance on the way up.
I'll update as (*if) we approach that zone...
METISUSDT
continues its rise - it has blasted through the resistance at around $80-$85 resistance band, I expect this to become a support (if needed - *doubtful at present). There is nothing but air between here and ~$100 where we will meet both a zone of prior support / resistance but also the psychological level of 3 figures...
> Expect to see some chop between $99 - $110 or thereabouts.
If we break that zone and flip it - with continuing volumes - next zone is around $125, followed by a weak zone at around $135.
The REAL test though if the momentum continues will be breaking the $150-170 gap - heavy zone of resistance on the way up.
I'll update as (*if) we approach that zone...
