METEORA - Breakout Loading? Descending Trendline Under Pressure!Meteora / TetherKUCOIN:METUSDTCryptoNuclearπ Market Overview Meteora (MET) on the 1D timeframe is still in a medium-term bearish structure, but the price is currently showing consolidation right below the Descending Trendline. The price is around $0.1633, making the trendline the key resistance currently being tested. π Key observation: the longer the price remains near the trendline without making a significant decline, the more important the potential breakout becomes. π Pattern β Descending Trendline π» The Descending Trendline is formed by a series of Lower Highs (LH) since late 2025. π This trendline acts as dynamic resistance and has repeatedly pushed the price lower. β οΈ As long as the price remains below the trendline, the overall structure remains bearish. π₯ However, if a Daily Candle Close occurs above the trendline, the structure could shift toward a bullish reversal / breakout setup. π Breakout confirmation would be stronger if accompanied by: π Increasing volume π―οΈ Daily close above the trendline π Successful retest of the trendline as support π Price beginning to form Higher Highs and Higher Lows π― Key Resistance Levels R1 β $0.1785 πΈ Nearest resistance and the first area that needs to be broken. R2 β $0.1950 πΈ Next resistance and an important area for measuring bullish momentum. R3 β $0.2280 πΈ Major resistance if the breakout gains strong momentum. R4 β $0.2720 πΈ Next resistance and an important psychological area. R5 β $0.3170 πΈ Major bullish target marked on the chart. π’ Bullish Scenario π The bullish scenario becomes active if MET breaks out and achieves a Daily Close above the Descending Trendline. If the breakout is confirmed: β‘οΈ $0.1785 β first resistance β‘οΈ $0.1950 β next target β‘οΈ $0.2280 β major resistance β‘οΈ $0.2720 β extended target β‘οΈ $0.3170 β major bullish target π₯ If the price successfully breaks above $0.2280 with strong volume, bullish momentum could become more aggressive toward $0.2720β$0.3170. π A retest of the trendline after the breakout is also an important area to determine whether the former resistance has turned into support. π΄ Bearish Scenario β οΈ If MET is rejected again by the Descending Trendline and fails to break out: π The price could retest the $0.1500 area. If that support fails: β‘οΈ $0.1300 β‘οΈ $0.1100 β‘οΈ $0.0950 as the major low area on the chart. β A failed breakout or false breakout could signal that sellers are still controlling the structure. π§ Conclusion MET is currently at a crucial area below the Descending Trendline. π» Below the trendline: the structure remains bearish. π Breakout + Daily Close: opens the possibility of a structural shift. π Successful Retest: provides additional confirmation. π $0.1785 β $0.1950 β $0.2280 are important resistances during the bullish move. π― If momentum becomes very strong, the next levels to watch are $0.2720 and $0.3170. π Most important levels right now: Descending Trendline + $0.1785. Not financial advice. Use proper risk management and wait for price action confirmation. #MET #Meteora #Crypto #Altcoin #CryptoTrading #TechnicalAnalysis #PriceAction #DescendingTrendline #Breakout #BullishSetup #BearishScenario #USDT #Altcoins