$MEGA USDT— Sideways consolidation after rejection, structure still lacking clear direction

Long $MEGA USDT

Entry: 0.170 – 0.183

SL: 0.150

TP: 0.200 – 0.250 – 0.300

$MEGAUSDT rejected from the 0.370 zone and entered a consolidation phase.

Recent price action shows range-bound movement with mixed momentum after a very sharp listing pump.

Price is hovering around the current zone, indicating buyers are trying to defend the structure, but the move is still highly volatile.

Structure is attempting to form support after the initial spike but lacks strong breakout confirmation.

Unless price breaks below 0.150, upside continuation remains possible.

MEGAUSDT

Perp

0.16688

-14.52%