Is $MEGA losing the $0.044 floor, or is this just thin-volume chop?
Price is $0.0442, down 4.64% today, with $1.05M traded. The 4h move is basically the same: -4.7%. RSI at 39 says sellers have control, but volume is only 0.1x the 20d average.
That’s the tell.
MAs are chopping, and longs are still paying 0.005% funding. This is not $BNB -level liquidity, so fake moves can hit hard. At $0.044, I’d wait for a clean reclaim before getting interested. 📉
Does $MEGA bounce from here, or is the 30d high still too far away? Holding or fading this? 👀
#MEGA #Crypto #Altcoin
Price is $0.0442, down 4.64% today, with $1.05M traded. The 4h move is basically the same: -4.7%. RSI at 39 says sellers have control, but volume is only 0.1x the 20d average.
That’s the tell.
MAs are chopping, and longs are still paying 0.005% funding. This is not $BNB -level liquidity, so fake moves can hit hard. At $0.044, I’d wait for a clean reclaim before getting interested. 📉
Does $MEGA bounce from here, or is the 30d high still too far away? Holding or fading this? 👀
#MEGA #Crypto #Altcoin