$MEGA /USDT Market Update Volatility Unleashed!
The chart just printed a massive wick clear sign of liquidity hunt + strong reaction. Price is stabilizing after extreme volatility, which often leads to a continuation move.
Bias: SHORT (Scalp Intraday)
🔻 Entry Point (EP): 0.158 – 0.162
🎯 Take Profit (TP):
• TP1: 0.145
• TP2: 0.132
• TP3: 0.118
🛑 Stop Loss (SL): 0.172
⚡ Why this setup?
Huge rejection wick = smart money exit
Weak bounce, no strong bullish continuation
Lower highs forming on smaller timeframe
💡 Stay sharp this pair is high risk, high reward. Quick moves expected, don’t overstay.
If momentum flips and holds above 0.172, setup invalid ❌
Want a long setup too in case reversal happens?
