$MEGA is attempting to stabilize after a sharp sell-off
Trading Plan — Long Setup
Entry: 0.15 – 0.156
Stoploss: 0.14
Targets: 0.160 – 0.172 – 0.190
MEGA
0.07539
-2.05%
Price is showing early signs of absorption near support, with downside momentum slowing and selling pressure gradually easing
The tightening range suggests potential base formation, although momentum remains fragile at this stage. If price reclaims short-term structure, a relief bounce could follow, supported by improving demand conditions
As long as support holds, the setup leans toward a possible recovery phase, but confirmation is key before stronger continuation