Is MET Building Momentum Again? A Look at the analysis.

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Is MET Building Momentum Again? A Look at the analysis.METUSDT SPOTBITGET:METUSDTkhsifat36MET seems to be moving again. One thing I like about this chart is that it's finally showing signs of life after spending days trapped inside a heavy accumulation range. According to the 4H chart, MET has shown a notable recovery after printing a local bottom around $0.128-$0.130, followed by a strong impulsive move back above $0.16. The latest candles suggest buyers are stepping back in, although the price is now approaching a resistance area where previous rallies have struggled. Chart Analysis: After weeks of lower highs and steady selling pressure, MET finally found strong demand near the $0.13 zone. That support triggered a sharp reversal accompanied by rising volume, often a sign that larger participants are accumulating rather than simply short-covering. The recent breakout toward $0.17 confirms renewed momentum, but price has pulled back slightly, which is healthy after such a fast move. As long as MET continues holding above $0.155-$0.145, bulls remain in control of the short-term trend. Why More Eyes Are Turning Toward METUSDT: One of the biggest reasons traders have started watching Meteora more closely is the expansion of its ecosystem through the new Referral Staking Program. This introduces another layer of utility for MET holders by allowing staking rewards to benefit from the growth of Meteora's liquidity network and DLMM-generated trading activity. Instead of relying purely on market sentiment, the token gains stronger connections to actual protocol usage. The combination of improving token utility and renewed buying pressure helps explain why MET has started appearing on more traders' watchlists. Market Outlook: MET is becoming a project worth keeping on the watchlist; not only because of recent price action, but also because the narrative is increasingly being supported by expanding utility and growing activity within the Solana DeFi ecosystem. The current chart doesn't suggest a full trend reversal just yet, but it does indicate that momentum has shifted significantly compared to the prolonged downtrend seen earlier. Buyers have defended key support, volume is improving, and higher lows are beginning to form. For now, I'm watching the reaction around $0.145 very closely. Hold that level, and I think the market has a realistic shot at challenging $0.17-$0.18 again before attempting the bigger $0.19 resistance. However, if MET collapses, I will start DCAing it on Bitget for the long-term. As always, this is just my personal chart view; not financial advice. So always DYOR.