$MEGA up more than 13% in 24 hours, with the just-closed 4-hour candle showing volume more than 4 times the average.
On the 4-hour chart, the price is above both the EMA9 and WMA45, and the 4-hour RSI is around 64. The candle closing with a volume spike suggests fresh money is flowing in, rather than this being just a mild rebound.
The broader market has no clear direction. Bitcoin’s 4-hour RSI is around 58, with no clear bias either way.
0.0504 is the nearest resistance above, having been tested three times. Below, the 0.0473 area has just held; it had also been tested three times previously.
MEGA was listed only 165 days ago. Binance classifies it as Seed, with high volatility and still-thin liquidity.
Personal observation, not investment advice
#TinFed #TheoDõiFOMC #MEGA
On the 4-hour chart, the price is above both the EMA9 and WMA45, and the 4-hour RSI is around 64. The candle closing with a volume spike suggests fresh money is flowing in, rather than this being just a mild rebound.
The broader market has no clear direction. Bitcoin’s 4-hour RSI is around 58, with no clear bias either way.
0.0504 is the nearest resistance above, having been tested three times. Below, the 0.0473 area has just held; it had also been tested three times previously.
MEGA was listed only 165 days ago. Binance classifies it as Seed, with high volatility and still-thin liquidity.
Personal observation, not investment advice
#TinFed #TheoDõiFOMC #MEGA