AI Analysis: $MET/USDT

Entry Price: 0.3370–0.3400
Target Price:

- TP1: 0.3300
Stop Loss: Above 0.3458

Reason for Selling:

1. Pattern Confirmation:
- Daily chart shows a "Double Top" reversal structure (neckline at 0.3300), top depth 0.0158 (0.3300-0.3458)
- Measured drop = Top depth × 1.618 = 0.0256 → Target Price 1 = 0.3458-0.0256=0.3202 (rounded to 0.3300)
2. Trend Structure:
- Weekly chart breaks below the 2024 uptrend line (0.3300→0.3458), price falls below MA(50) 0.338
- RSI(14)=38 (weak zone), MACD bearish crossover with expanding green bars, clear bearish signal
3. Market Sentiment:
- "False breakout–quick pullback" bull trap pattern appeared in the 0.3450 area
- Closed below 0.3400 for 2 consecutive days (previous high support + Fibonacci 61.8% retracement)
4. Indicator Confirmation:
- OBV indicator hit a 20-day low, continuous capital outflow
- Funding rate -0.125% (negative for 5 consecutive days), futures open interest down 22%
- On-chain data: exchange net inflow +8.5 million coins, whale holdings down 30%

This content is for reference only and does not constitute investment advice.