$MEGA is showing clear weakness after failing to reclaim the $0.065-$0.070 resistance zone.
Entry: 0.0565 - 0.0575 🔻
Target: 0.0540
Stop Loss: 0.0600 ⚠️
The market structure is bearish with lower highs and lower lows. The recent bounce was weak, and sellers are still in control. As long as price stays below 0.0600, the path of least resistance is lower. A confirmed rejection from this zone could trigger the next leg down toward the lower targets.
Not financial advice. Manage your risk.