$MEGA Short Setup: Bearish Structure Below Key Resistance
Entry: 0.0565 - 0.0575 🔻
Target: 0.0540 ✅
Stop Loss: 0.0600 ⚠️
$MEGA is forming lower highs and lower lows after losing the $0.065-$0.070 zone. The weak bounce into resistance shows sellers are still in control, and a rejection here could lead to another leg down.
The market structure stays bearish as long as price remains below 0.0600. A failure to reclaim that level increases the probability of continuation toward lower support.
Not financial advice. Manage your risk.