$MEGA Rally Losing Steam Near Resistance

Trading Plan: Short (Max 5x Leverage)

Entry Zone: 0.163 – 0.175

Stop Loss: 0.20

Take Profit Targets:

TP1: 0.150

TP2: 0.136

TP3: 0.122

Price has pushed into a key resistance zone but is starting to stall near the highs. Momentum is fading, and each upward move is showing less strength than the previous one.

This kind of price action often signals buyer exhaustion. When a rally struggles to extend cleanly at resistance, it typically increases the probability of a pullback as sellers begin to step in.

$MEGA

MEGA
MEGAUSDT
0.17652
+4.18%