Meteora / Tether
Long

METEORA - Breakout Loading? Descending Trendline Under Pressure!

125
📊 Market Overview Meteora (MET) on the 1D timeframe is still in a medium-term bearish structure, but the price is currently showing consolidation right below the Descending Trendline.

The price is around $0.1633, making the trendline the key resistance currently being tested.

🔎 Key observation: the longer the price remains near the trendline without making a significant decline, the more important the potential breakout becomes.

📐 Pattern — Descending Trendline

🔻 The Descending Trendline is formed by a series of Lower Highs (LH) since late 2025.

📉 This trendline acts as dynamic resistance and has repeatedly pushed the price lower.

⚠️ As long as the price remains below the trendline, the overall structure remains bearish.

🔥 However, if a Daily Candle Close occurs above the trendline, the structure could shift toward a bullish reversal / breakout setup.

📌 Breakout confirmation would be stronger if accompanied by:

📈 Increasing volume

🕯️ Daily close above the trendline

🔄 Successful retest of the trendline as support

🚀 Price beginning to form Higher Highs and Higher Lows


🎯 Key Resistance Levels

R1 — $0.1785 🔸 Nearest resistance and the first area that needs to be broken.

R2 — $0.1950 🔸 Next resistance and an important area for measuring bullish momentum.

R3 — $0.2280 🔸 Major resistance if the breakout gains strong momentum.

R4 — $0.2720 🔸 Next resistance and an important psychological area.

R5 — $0.3170 🔸 Major bullish target marked on the chart.

🟢 Bullish Scenario

🚀 The bullish scenario becomes active if MET breaks out and achieves a Daily Close above the Descending Trendline.

If the breakout is confirmed:

➡️ $0.1785 → first resistance ➡️ $0.1950 → next target ➡️ $0.2280 → major resistance ➡️ $0.2720 → extended target ➡️ $0.3170 → major bullish target

🔥 If the price successfully breaks above $0.2280 with strong volume, bullish momentum could become more aggressive toward $0.2720–$0.3170.

🔄 A retest of the trendline after the breakout is also an important area to determine whether the former resistance has turned into support.

🔴 Bearish Scenario

⚠️ If MET is rejected again by the Descending Trendline and fails to break out:

📉 The price could retest the $0.1500 area.

If that support fails:

➡️ $0.1300 ➡️ $0.1100 ➡️ $0.0950 as the major low area on the chart.

❌ A failed breakout or false breakout could signal that sellers are still controlling the structure.

🧠 Conclusion

MET is currently at a crucial area below the Descending Trendline.

🔻 Below the trendline: the structure remains bearish. 🔓 Breakout + Daily Close: opens the possibility of a structural shift. 🔄 Successful Retest: provides additional confirmation. 🚀 $0.1785 → $0.1950 → $0.2280 are important resistances during the bullish move. 🎯 If momentum becomes very strong, the next levels to watch are $0.2720 and $0.3170.

📌 Most important levels right now: Descending Trendline + $0.1785.

Not financial advice. Use proper risk management and wait for price action confirmation.

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