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$METIS just executed a textbook liquidity grab that vertical wick to 6 on Layer2 news was engineered to liquidate shorts and trap FOMO buyers. 🎯
Now back at 3.73 with price action bleeding out, yet retail is still calling it "accumulation."
2.7M volume with that kind of volatility screams distribution, not demand.
The market doesn't care about the narrative; it cares about who got out and the chart says smart money already did.
No position is a position here. Reclaim 4.20 with volume, or let it sweep 3.43 first.
Patience separates traders from exit liquidity.