【$MEGA Signal】Bullish | Healthy Consolidation After Breakout
$MEGA After a volume breakout, the price enters a narrow consolidation, remaining above the breakout zone. This is a healthy reset rather than a top.
🎯 Direction: Long
🎯 Entry: 0.1320 - 0.1330
🛑 Stop Loss: 0.1280 ( Rigid Stop Loss )
🚀 Target 1: 0.1400
🚀 Target 2: 0.1450
Logical core: Three consecutive bullish candles on the 4H chart accompanied by increased volume confirm the breakout is valid. Subsequently, the candlestick enters a high-level narrow range, but the price has not broken below the previous high support at 0.1322. Key data: Open Interest remains stable, indicating no short squeeze; although Taker Volume shows active selling, the price refuses to dip sharply, indicating strong absorption of buy orders at the critical level (0.1322-0.1323). Funding rates are slightly positive, showing no signs of overheating. Market psychology suggests that profit-taking after the breakout is being steadily absorbed, paving the way for the next upward move. As long as support at 0.1280 holds, the structure remains intact.
Trade here 👇 $MEGA
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【$MEGA Signal】Bullish | Healthy Consolidation After Breakout
$MEGA After a volume breakout, the price enters a narrow consolidation, remaining above the breakout zone. This is a healthy reset rather than a top.
🎯 Direction: Long
🎯 Entry: 0.1320 - 0.1330
🛑 Stop Loss: 0.1280 ( Rigid Stop Loss )
🚀 Target 1: 0.1400
🚀 Target 2: 0.1450
Logical core: Three consecutive bullish candles on the 4H chart accompanied by increased volume confirm the breakout is valid. Subsequently, the candlestick enters a high-level narrow range, but the price has not broken below the previous high support at 0.1322. Key data: Open Interest remains stable, indicating no short squeeze; although Taker Volume shows active selling, the price refuses to dip sharply, indicating strong absorption of buy orders at the critical level (0.1322-0.1323). Funding rates are slightly positive, showing no signs of overheating. Market psychology suggests that profit-taking after the breakout is being steadily absorbed, paving the way for the next upward move. As long as support at 0.1280 holds, the structure remains intact.
Trade here 👇 $MEGA
---
Follow me: Get more real-time analysis and insights on the crypto market!