METIS has remained under pressure in recent sessions, continuing to trade within a clearly defined bearish structure. Price action has been characterized by a sequence of lower highs and lower lows, reflecting sustained selling activity and weak short-term sentiment.

While the broader trend remains bearish, the next directional move will likely depend on how price reacts around a key resistance zone. This raises the question of whether METIS will continue its downward trajectory or attempt a short-term corrective move.

METIS technical analysis

METISUSD - 1 Day Time Frame

METIS continues to operate below a well-defined resistance zone, which now acts as the primary reference point for the current market structure. As long as price remains below this area, the prevailing bearish trend may remain intact, with supply continuing to outweigh demand.

From a technical perspective, failure to establish acceptance above this resistance zone may suggest continued downside pressure. In such conditions, markets often seek lower liquidity areas, with potential downside reference levels near $2.50, $2.00, and $1.50, where increased market activity could occur.

However, price behavior around the resistance zone remains critical. A sustained move above this level could indicate a shift in short-term momentum and suggest that the market is entering a corrective phase.

METIS price target

If METIS remains below the resistance zone, the probability of further downside movement toward the $2.50 level could increase, followed by potential testing of the $2.00 and $1.50 levels.

Conversely, if price manages to establish acceptance above the resistance zone, attention may shift toward higher Buy-Side Liquidity zones near $3.50, $4.00, and $5.50. Movement toward these levels could reflect a short-term corrective phase within the broader structure.

From a broader perspective, METIS remains within a bearish trend, with current price action reinforcing downside pressure. However, price behavior around the key resistance zone will likely play an important role in determining whether the market continues lower or transitions into a corrective phase.

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