$MEGA USDT Short
The price has recorded a broad and rapid advance after the recovery phase, approaching a key resistance area. Momentum shows signs of exhaustion at higher levels, and rebounds are gradually losing strength, suggesting a possible short-term correction.
Trading plan
Entry: 0.0520 – 0.0530
Stop Loss: 0.0570
Target 1: 0.0475
Target 2: 0.0430
Target 3: 0.0385
Why this scenario
The move has traveled a great distance without significant correction, and the current area matches levels where supply usually intensifies. As long as it does not break above 0.0570, the return toward lower supports is the most likely scenario.#Binance
The price has recorded a broad and rapid advance after the recovery phase, approaching a key resistance area. Momentum shows signs of exhaustion at higher levels, and rebounds are gradually losing strength, suggesting a possible short-term correction.
Trading plan
Entry: 0.0520 – 0.0530
Stop Loss: 0.0570
Target 1: 0.0475
Target 2: 0.0430
Target 3: 0.0385
Why this scenario
The move has traveled a great distance without significant correction, and the current area matches levels where supply usually intensifies. As long as it does not break above 0.0570, the return toward lower supports is the most likely scenario.#Binance
