BITmarkets Team
Jun 15, 2026

METISUSD - 1 Day Time Frame
Just a few days ago, METIS appeared to be dominated by sellers, with price delivery clearly favoring the downside. This changed over the weekend, when price managed to close above a key resistance zone during a two-day advance. For better orientation, this zone is highlighted in blue on the attached chart and now serves as the main reference point for the current internal structure.
The close above the blue resistance zone improves the short-term outlook, as it suggests bearish pressure may be weakening on the internal timeframe. However, it is important to keep the broader context in mind. The external structure remains bearish, meaning the current bullish move may be best viewed as a potential internal correction rather than a complete reversal of the broader trend.
Based on this setup, a long position may be considered with the aim of capturing the internal corrective move. The underlying idea is that price could continue toward higher liquidity areas as long as the reclaimed zone holds and the internal bullish reaction remains intact.
The nearest upside targets are located at the closest Buy-Side Liquidity zones, with reference levels around $4.25, $6.25, and $7.00. These areas may serve as logical objectives if the internal correction continues to develop. In addition to these liquidity zones, part of a position could also be managed around the psychological $5.50 level, which may act as an important reaction point during any upward move.
From a risk-management perspective, a protective stop loss could be placed around $2.25, based on the currently established internal low. A move below this level may weaken the internal bullish structure and reduce the probability of a successful corrective continuation.
For now, METIS has improved its short-term structure by reclaiming the blue resistance zone, but the broader bearish context remains an important factor. As long as the internal structure remains intact, the market may have room to move toward the identified Buy-Side Liquidity levels. Conversely, a loss of the internal low near $2.25 could weaken the bullish correction scenario and shift attention back toward the prevailing bearish trend.
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