$MEGA looks stuck in distribution zone
Short $MEGA
Entry: 0.055 – 0.060
SL: 0.0675
TP1: 0.0500
TP2: 0.0465
TP3: 0.0430
TP4: 0.0395
Why:
$MEGA has made a sharp breakout from the 0.0420 area and pushed into the 0.05538 high. Price is now extended well above MA(7) at 0.04610, MA(25) at 0.04333 and MA(99) at 0.04212, leaving room for a cooldown. If 0.0500 breaks, the next downside levels are 0.0468 and the MA25/MA99 zone around 0.0433–0.0421.
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#Altcoin Season# #Macro Insights#
Short $MEGA
Entry: 0.055 – 0.060
SL: 0.0675
TP1: 0.0500
TP2: 0.0465
TP3: 0.0430
TP4: 0.0395
Why:
$MEGA has made a sharp breakout from the 0.0420 area and pushed into the 0.05538 high. Price is now extended well above MA(7) at 0.04610, MA(25) at 0.04333 and MA(99) at 0.04212, leaving room for a cooldown. If 0.0500 breaks, the next downside levels are 0.0468 and the MA25/MA99 zone around 0.0433–0.0421.
📩DM ME ON X TO KNOW HOW TO JOIN MY PREMIUM FOR HIGHLY PROFITABLE TRADE SETUPS LIKE THIS
#Altcoin Season# #Macro Insights#
