$MEGA is catching serious momentum, and buyers are making their presence felt.
MEGA is trading around $0.05110, up 12.06%, with price pushing close to its 24H high of $0.05121. The most interesting part is the strong buying pressure after a period of sideways movement. Buyers stepped in, broke through the $0.05061 area, and pushed price toward fresh intraday highs.
Volume is worth watching here. MEGA has recorded 162.23M tokens in 24-hour volume, equal to around 7.65M USDT. This shows strong market activity alongside the price move.
Here are the levels on my radar:
Immediate resistance: $0.05121–$0.05129.
First support: $0.05095.
Key support: $0.05061.
Lower support: $0.05027 and $0.04993.
If buyers break above $0.05121 and hold that level, another upside move could follow. But if price gets rejected, I want to see whether $0.05095 can hold. Losing that area could bring a deeper pullback toward $0.05061.
The bigger performance picture is interesting too. MEGA is up 17.10% today, 6.98% over 30 days, and an impressive 58.29% over 90 days. However, it remains down 40.10% over 180 days.
So yes, momentum is improving, but I don't want to confuse a strong short-term rally with a fully recovered trend.
My focus is on the $0.05121 breakout. If buyers can turn that resistance into support, MEGA could have more room to run. Until then, patience matters more than chasing green candles.
Will MEGA break $0.05121 and continue higher, or will sellers defend this level again?
#CryptoSelloffTriggersMultipleWhaleLiquidations #USSpotXRPETFsSeeLargestWeeklyOutflowIn8Months #WillFOMCMinutesReinforceRateHikeExpectations? #WhoWillSucceedJensenHuangatNvidia? #TradFiForBeginners
MEGA is trading around $0.05110, up 12.06%, with price pushing close to its 24H high of $0.05121. The most interesting part is the strong buying pressure after a period of sideways movement. Buyers stepped in, broke through the $0.05061 area, and pushed price toward fresh intraday highs.
Volume is worth watching here. MEGA has recorded 162.23M tokens in 24-hour volume, equal to around 7.65M USDT. This shows strong market activity alongside the price move.
Here are the levels on my radar:
Immediate resistance: $0.05121–$0.05129.
First support: $0.05095.
Key support: $0.05061.
Lower support: $0.05027 and $0.04993.
If buyers break above $0.05121 and hold that level, another upside move could follow. But if price gets rejected, I want to see whether $0.05095 can hold. Losing that area could bring a deeper pullback toward $0.05061.
The bigger performance picture is interesting too. MEGA is up 17.10% today, 6.98% over 30 days, and an impressive 58.29% over 90 days. However, it remains down 40.10% over 180 days.
So yes, momentum is improving, but I don't want to confuse a strong short-term rally with a fully recovered trend.
My focus is on the $0.05121 breakout. If buyers can turn that resistance into support, MEGA could have more room to run. Until then, patience matters more than chasing green candles.
Will MEGA break $0.05121 and continue higher, or will sellers defend this level again?
#CryptoSelloffTriggersMultipleWhaleLiquidations #USSpotXRPETFsSeeLargestWeeklyOutflowIn8Months #WillFOMCMinutesReinforceRateHikeExpectations? #WhoWillSucceedJensenHuangatNvidia? #TradFiForBeginners
