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Summary
• Price tested key resistance at $5.56–$5.58, with bearish rejection observed late in the 24-hour window.
• Volume surged during the $5.55–$5.59 range, indicating intensified buying and selling pressure.
• RSI drifted toward overbought conditions but failed to sustain above 65, hinting at potential profit-taking.
• A wide-ranging candle around 08:15 ET (5.44–5.54) marked the most volatile 5-minute interval.
• A potential bearish engulfing pattern formed near $5.54–$5.55, suggesting short-term bearish momentum.
At 12:00 ET on 2025-12-21, Metis/Tether (METISUSDT) opened at $5.53, hit a high of $5.59, a low of $5.42, and closed at $5.45. Total 24-hour volume was 22,000.11 METIS, with a notional turnover of approximately $119,000.
Structure & Moving Averages
The 20-period and 50-period moving averages on the 5-minute chart crossed near $5.55, creating a potential short-term signal. On the daily chart, the 50-period SMA sits slightly above $5.47, while the 200-period SMA is near $5.51. A key support level appears to form at $5.44–$5.46, where price found a floor multiple times.
Momentum and Volatility
The RSI for the 5-minute chart fluctuated between 50–70, showing elevated but not extreme momentum. A potential overbought condition was observed near $5.56, followed by a pullback. Volatility expanded significantly during the 5.42–5.59 move, with Bollinger Bands widening as price approached the upper band near $5.56.
Volume and Fibonacci Levels
Volume spiked during the 5.44–5.59 range, aligning with a Fibonacci retracement level of 61.8% from a key swing low to high. Divergence between price and volume occurred in the final hours, with volume decreasing despite a bearish close, suggesting short-term indecision.

Over the next 24 hours, Metis/Tether (METISUSDT) may test the $5.44 support and $5.55 resistance levels. Traders should remain cautious as momentum indicators suggest potential consolidation or a pullback. A break below $5.44 could reignite bearish sentiment, while a sustained move above $5.56 may attract renewed buyers.
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