- Metis gained 25.78% in the past week, breaking a months-long triangle pattern and holding above $17.50.
- Price consolidation under resistance suggests a potential breakout, with technical targets pointing toward the $60 range.
- Trading volume reached $76.53 million, supporting the possibility of continued momentum in the near term.
Metis is consolidating just below a key resistance level after gaining over 25% in the past week, with the cryptocurrency breaking out of a multi-month symmetrical triangle pattern and now holding above the $17.50 mark.
Technical Breakout Signals Possible Trend Reversal
Metis (METIS) recently broke above a symmetrical triangle pattern that had contained price action since March 2025. The breakout followed a series of higher lows meeting descending resistance, indicating sustained buying pressure building over several months.
The measured move target from the pattern’s height projects a potential rally toward the $60 region. This level represents a possible multi-month trend reversal if reached, offering more than 200% upside from the breakout point. The movement of price action is consolidating at the immediate resistance meaning that there is an evaluation of the next step by traders.
Analyst Notes Strong 13% Advance Ahead of Resistance
In an update, The Crypto Express (@TheCryptoExpres) reported that METIS hit $17.58, marking a clean 13% move from recent lows. The analyst described the price as “coiling at a key resistance level” and stated that a breakout could lead to the next upward leg.
There is a specified stop-loss level that exists slightly below the breakout area that has a systematic risk management process. This structure is on a risk to reward basis with the potential upside eclipsing the exposure downside in the event that the trend persists.
Market Data Supports Ongoing Momentum
Metis as of writing is priced at 18.92, with a 9.48 percent change in the last 24 hours and 25.78 percent in 7 days. On a daily basis, the market has been experiencing trading volume of up to $ 76.53 million indicating solid market participation in this consolidation period.
Key levels to monitor are the $17.50 support and the resistance overhead. A confirmed break higher could validate the projected $60 target, while a failure to hold the breakout could see price retest prior support zones.
