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The recent surge in MET is mainly due to the catalytic effect of the meme launch platform. However, it’s important to see clearly — such catalysts often peak in the short term, and it’s difficult to replicate the resilience of leading projects accumulated at low levels.
From a capital perspective, recent inflows are about 4 million, which is not a large scale. To be honest, this size cannot support many trend opportunities. No obvious key support levels from major players have formed, which means that once the sentiment dissipates, the rebound could quickly fail.
From a technical standpoint, attention should be paid to the performance within three short-term ranges. If it cannot break through the upper resistance zone, the probability of finding support further down will increase. Based on the current fundamentals and capital volume, it’s cautious to put this project on the watchlist — be alert to the overextension of the rebound, but also don’t miss the opportunity if major players do enter.