We are concluding this trading day with an overview of the infrastructure sector. The MEGA pair shows a confident upward impulse on the daily timeframe, adding +27.12% and trading at the 0.05297 USDT level (after reaching the day’s high at 0.05570 USDT, the low at 0.04134 USDT, as well as the previously recorded bottom at 0.03342 USDT).
What the technical view on the chart shows:
Trading dynamics: A strong vertical green candle indicates a significant inflow of liquidity and the dominance of buyers within the trend.
Trading volumes: The daily turnover reached 13.88 million USDT (with volume at 279.31 million MEGA), emphasizing strong market participants’ attention to the asset.
Technical condition: The RSI(6) indicator has risen to the 80.01 mark, indicating that the asset is in an intense overbought zone amid an impulse move.
⚠️ Evening hours are often accompanied by the risk of a correction after sharp impulse moves, so be sure to follow risk management and monitor your positions.
🌙 How was your day in the market? Are you following this impulse on MEGA, or are you already taking a break? Share your thoughts in the comments 👇
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