$MEGA /USDT Short #TradeSetup
⚠️ Please trade with proper risk management.
* Entry Range: $0.0495 - $0.0500 (Current price level or on minor upside retracements)
* Take Profit 1: $0.0479 (EMA-25 level)
* Take Profit 2: $0.0468 (EMA-99 / Trendline support)
* Stop Loss: $0.0513 (Above the recent 24h high resistance)
Market Analysis:
* Momentum Exhaustion: After testing the resistance zone near $0.0495 - $0.0510, RSI-6 dropped from overbought levels, signaling potential intraday consolidation.
* Token Overhang: Only ~14.4% of the total supply is unlocked, leaving a significant future dilution risk.
* Momentum Indicators: The MACD histogram has entered negative territory, indicating potential downward volatility expansion.
Short Position Trade Setup
#MEGA #CoinVahini #TradeSignal #TraderAlert
⚠️ Please trade with proper risk management.
* Entry Range: $0.0495 - $0.0500 (Current price level or on minor upside retracements)
* Take Profit 1: $0.0479 (EMA-25 level)
* Take Profit 2: $0.0468 (EMA-99 / Trendline support)
* Stop Loss: $0.0513 (Above the recent 24h high resistance)
Market Analysis:
* Momentum Exhaustion: After testing the resistance zone near $0.0495 - $0.0510, RSI-6 dropped from overbought levels, signaling potential intraday consolidation.
* Token Overhang: Only ~14.4% of the total supply is unlocked, leaving a significant future dilution risk.
* Momentum Indicators: The MACD histogram has entered negative territory, indicating potential downward volatility expansion.
Short Position Trade Setup
#MEGA #CoinVahini #TradeSignal #TraderAlert