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$METIS $METIS 【$METIS Signal】Short position + decline accompanied by abnormal open interest
$METIS Price drops by -4.34%, but open interest remains high at 521,000, showing a divergence where price falls while volume increases. Market logic suggests distinguishing between long liquidation or main force distribution. Currently, there is no clear absorption behavior; decline with high open interest indicates higher risk than opportunity.
🎯Direction: Short position
Waiting for price action to give a clear signal: either a volume breakout below a key support level to confirm main force distribution, or strong buying absorption accompanied by decreasing open interest to form a healthy reset. Currently, it is advisable to stay on the sidelines.
Trade here 👇 $METIS
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