【$MEGA Signal】Pullback to go long, 1H level charging up for launch


$MEGA The 1H level repeatedly tests the range between 0.205-0.214, with EMA20 and EMA50 forming a bullish alignment on the 1H timeframe, and the price staying above the cluster of moving averages. The 4H MACD fast and slow lines have a golden cross and continue upward, with the histogram shrinking but still above zero, indicating bullish momentum is not exhausted. The current price is 0.2084, just above the middle band of the 1H Bollinger Bands, with decent buying depth, and selling pressure is quickly absorbed.

🎯Direction: Pullback to buy

⚡Entry/Order placement: Within the 0.1863 - 0.2074 range, if the price pulls back near 0.195, consider scaling into positions.

🛑Stop loss: 0.1682

🚀Target 1: 0.2225

🚀Target 2: 0.2406

🛡️Trade management:
- Execution strategy: After reaching 0.2225, reduce half of the position, and move the remaining stop loss up to the entry price. If the price fails to stay above 0.207 and drops below again, consider exiting early.

The upper band of the 4H Bollinger Bands is at 0.2115, which is a short-term resistance to test. The 1H RSI has fallen from high levels to around 63, providing a healthy retracement space. The funding rate at 0.005% is not extreme, open interest remains stable, with no obvious bullish or bearish imbalance. Under this structure, chasing the high directly carries higher risk, but the pullback to the moving average cluster offers a very favorable risk-reward ratio.

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