$MEGA Bulls Are Targeting $0.048 ... Is Another Push Coming?
LONG TRADE IDEA
Entry Zone: $0.0463–$0.0466
TP1: $0.0470
TP2: $0.0475
TP3: $0.0482
SL: $0.0448
I'm keeping $MEGA on my watchlist as buyers attempt to push price higher. The $0.0470 level is the first area I'm watching, and a clean break above it could open the door toward $0.0475 and $0.0482.
I still favor the bullish setup as long as $0.0450 holds as support. However, I don't want to chase the move after a strong green candle. A retest of the entry zone or a confirmed breakout would give me a better setup.
If price loses support, I'll step aside and wait for a new opportunity.
Can $MEGA break through $0.047 and make a run toward $0.048?
LONG TRADE IDEA
Entry Zone: $0.0463–$0.0466
TP1: $0.0470
TP2: $0.0475
TP3: $0.0482
SL: $0.0448
I'm keeping $MEGA on my watchlist as buyers attempt to push price higher. The $0.0470 level is the first area I'm watching, and a clean break above it could open the door toward $0.0475 and $0.0482.
I still favor the bullish setup as long as $0.0450 holds as support. However, I don't want to chase the move after a strong green candle. A retest of the entry zone or a confirmed breakout would give me a better setup.
If price loses support, I'll step aside and wait for a new opportunity.
Can $MEGA break through $0.047 and make a run toward $0.048?