Meteora / Tether
Alış

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.

#MET #Meteora #Crypto #Altcoin #CryptoTrading #TechnicalAnalysis #PriceAction #DescendingTrendline #Breakout #BullishSetup #BearishScenario #USDT #Altcoins

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.