🚨 $MEGA FACES HEAVY REJECTION AT LOCAL HIGHS AS SELLERS STEP IN 📉
Entry: 0.0415 - 0.0425 ⚡
Target: 0.0385 🎯
Stop Loss: 0.0435 ⚠️
📌 After testing the key 0.0430 resistance level on the 1H timeframe, $MEGA printed sharp rejection candles as institutional sell orders absorbed buy-side liquidity. 🔍 Price is expanding downward toward 0.0414, signaling a structural pivot back into the underlying demand zone.
💡 If distribution continues within the 0.0415 to 0.0425 retest zone, order flow supports an efficiency fill down toward 0.0385, with invalidation tightly defined above 0.0435. Keep a close watch on correlated structures like $AKE and $ZEC as market momentum shifts. 💬 Are you positioning for this liquidity sweep or waiting for a breakdown confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MEGA #ShortSetup #MarketStructure #Crypto
📉 🐻
Entry: 0.0415 - 0.0425 ⚡
Target: 0.0385 🎯
Stop Loss: 0.0435 ⚠️
📌 After testing the key 0.0430 resistance level on the 1H timeframe, $MEGA printed sharp rejection candles as institutional sell orders absorbed buy-side liquidity. 🔍 Price is expanding downward toward 0.0414, signaling a structural pivot back into the underlying demand zone.
💡 If distribution continues within the 0.0415 to 0.0425 retest zone, order flow supports an efficiency fill down toward 0.0385, with invalidation tightly defined above 0.0435. Keep a close watch on correlated structures like $AKE and $ZEC as market momentum shifts. 💬 Are you positioning for this liquidity sweep or waiting for a breakdown confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MEGA #ShortSetup #MarketStructure #Crypto
📉 🐻
