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$MEGA 4H: Buyers Losing Momentum — Can Demand Hold the Trend?
⏰ Timeframe: 4H (Analysis based only on the uploaded chart.)
📊 Market Bias: Neutral → Slightly Bearish
$MEGA A has slipped below the MA(7), MA(25), and MA(99) after failing to sustain the recent rally toward 0.0567. The short-term structure favors sellers, but price is approaching an important demand area where buyers could attempt a rebound.
🎯 Trade Setup
Setup: WAIT (Avoid chasing until confirmation.)
Bullish Entry Zone:
0.0475 – 0.0483 with a confirmed bullish reversal candle
Conservative entry only after a 4H close above 0.0505
Stop Loss:
Below 0.0465
Targets:
🎯 TP1: 0.0505
🎯 TP2: 0.0535
🎯 TP3: 0.0567
Estimated Risk:Reward:
Approximately 1:2.5
Trade Invalidation: A decisive 4H close below 0.0465 would invalidate the recovery scenario and expose the 0.0440 support region.
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