$MEGA : Higher Low Structure Confirmed: Long Entry Level Reached
LONG SETUP MEGA
Entry: $0.04490 - $0.04550
Stop Loss: $0.04330
Take Profit: $0.04900 (2R)
Key Levels: Support $0.04314 | Resistance $0.04730
Technical Analysis for $MEGA: MEGA is holding above all key EMAs and the MACD histogram stays positive, indicating bullish momentum. ADX at 46 confirms a strong trend. RSI and Stoch are overbought but the orderbook shows a 9% bid imbalance supporting upside. Price respects the 0.04314 support and aims toward the 0.0473 ceiling in the near term.
Market Context: BTC up 0.95% on the 4hour mixed but 1day bullish trend; overall market 76% green, broadly positive.
LONG $MEGA
LONG SETUP MEGA
Entry: $0.04490 - $0.04550
Stop Loss: $0.04330
Take Profit: $0.04900 (2R)
Key Levels: Support $0.04314 | Resistance $0.04730
Technical Analysis for $MEGA: MEGA is holding above all key EMAs and the MACD histogram stays positive, indicating bullish momentum. ADX at 46 confirms a strong trend. RSI and Stoch are overbought but the orderbook shows a 9% bid imbalance supporting upside. Price respects the 0.04314 support and aims toward the 0.0473 ceiling in the near term.
Market Context: BTC up 0.95% on the 4hour mixed but 1day bullish trend; overall market 76% green, broadly positive.
LONG $MEGA