$MEGA 4 hours candlestick chart.
#Mega MEGA USDT is currently in a short-term downtrend. The price is consistently making lower candles. Sellers are controlling the market. RSI is hovering near the oversold zone, indicating weak momentum. The current price is holding around 0.103. If buyers become active, a short bounce could occur. However, the trend doesn’t look fully bullish yet. Volume is average, so a strong recovery hasn’t been confirmed.
#Support The zone is between 0.1015 and 0.1008. This area is significant as a recent low has formed here. If this support breaks, the price could drop to 0.098.
#Resistance The first resistance is at 0.1040. The second strong resistance is near 0.1072. If the price closes above 0.1072, the recovery could be stronger. For now, wait for careful entry and confirmation.
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