$MEGA /USDT SHORT TRADE SETUP
$MEGA is currently trading at 0.12202, reflecting a significant -9.03% decline over the last 24 hours. After failing to hold the 0.13200 level, the price
has entered a sharp bearish trend on the 15m chart, recently hitting a 24h low of 0.11910. Despite a confirmed public mainnet launch for MegaETH on February 9, 2026, current market sentiment is heavily skewed toward risk aversion, leading to local liquidations and selling pressure.
While some traders anticipate a relief bounce near support, the failure to reclaim the 0.12668 level suggests that the path of least resistance remains downward in the immediate short term.
Target Points
TP1: 0.1185
TP2: 0.1150
TP3: 0.1100
Stop Loss
Set stop loss above 0.1275 to manage risk against a potential "mainnet pump" reversal before the February 9th launch.
Buy and Trade here on $MEGA