Meteora (MET) Bullish Price Structure, Support and Resistance

Meteora (MET) closed at 0.3756 USDT on October 15, 2026, down 1.29%. The asset now sits in a bullish structure. Price entered this structure after closing above 55-day resistance at 0.4136 USDT on October 7, 2026. Current 55-day support is near 0.1813 USDT, with resistance near 0.5445 USDT. A daily close below MA14 at 0.370636 USDT would weaken the regime and shift price back into sideways.

Meteora spent about 323 sessions consolidating below the 0.4136 USDT resistance level before a breakout closed above it. This confirmed the bullish structural transition. The major compression period shows sustained pressure at the resistance level, where repeated attempts failed until buyers took control and pushed the price higher.

MET is trading between key moving averages. MA14 at 0.370636 USDT stands as moving-average support, while MA9 at 0.407122 USDT stands as moving-average resistance. This creates a clear decision zone. A sustained hold above MA14 at 0.370636 USDT keeps the structure constructive, while a rejection near MA9 at 0.407122 USDT leaves the trend unresolved.

MET shows high trading friction, with a 3-day friction score of 14.9. The score combines price progress, wick rejection, and volume confirmation. Recent candles show contested movement, with weak price progress or heavier wick rejection. In this condition, moves near support or resistance carry less weight until price closes more cleanly.

Open interest fell -6.60% in one day, showing clear position reduction. OI sits near the middle of its 60-day range, so the move reduces leverage from a normal base rather than clearing an already crowded leverage base.

Funding is negative on the 24-hour average at -0.012419%, with the 7-day average also negative at -0.018138%. This shows sustained short-side cost pressure across both short and medium windows.

The long/short ratio is 1.10, showing near balance between long and short accounts. It sits near the middle of its 60-day range, so account-side positioning looks balanced.

MET shows a moderate relationship with the broader crypto market (Sigloid Index). Correlation indicates partial co-movement with the index, while R² suggests that index behavior explains only part of its movement. This means broader market direction has some influence, but asset-specific factors remain important. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.

MET is moving more day to day, but participation remains weak. ATR% reads 12.77, near the lower side of its full historical range, while Bollinger Band width% reads 55.41, near the middle of its full historical range. 20-day Volume Z-score is -0.34.

Momentum is improving, but not fully confirmed. RSI is 56.77 and ROC14 is +25.03%, showing upside pressure, while MACD histogram remains negative. Price momentum is improving, but short-term impulse has not fully turned.

The read is still incomplete: momentum is improving, but volatility or participation has not confirmed the move strongly enough.

The Sigloid Index remains in a sideways regime, showing no clear broad market direction. MET has a moderate link to that market condition, so broader market moves can influence price behavior, but the effect is not consistent.

For MET, the next structural shift depends on key levels. Staying above MA14 at 0.370636 USDT keeps the current trend intact. A daily close below MA14 would weaken the structure and push price back into a range, while a confirmed break below 55-day support at 0.1813 USDT would establish a bearish regime.