$MEGA Consolidation: Establishing a Demand Floor Price is currently trading at 0.1269, showing a minor -0.93% adjustment on the daily timeframe. After reaching a local high of 0.1320, $MEGA is currently navigating a sideways consolidation phase. This cooling-off period is essential for the market to absorb recent gains and solidify support before the next impulsive leg. Long $MEGA (Range Accumulation Play) Entry: 0.1225 – 0.1275 Stop Loss (SL): 0.1190 Take Profit 1 (TP1): 0.1420 Take Profit 2 (TP2): 0.1580 Take Profit 3 (TP3): 0.1850 Market Analysis $MEGA is exhibiting a classic consolidation structure on the 1h timeframe. The 24h turnover of $18.64M and a trading volume of 146.85M MEGA indicate that liquidity remains robust. The price is currently respecting the 0.1225 level as a primary demand floor, while facing stiff resistance at the 0.1320 peak. Technically, as long as $MEGA holds above its recent local low of 0.1225, the structural bias remains bullish. A high-volume break above the 0.1320 resistance would likely trigger a secondary rally toward the 0.1500 psychological target. However, a breach below the current support zone would suggest a deeper retracement toward the macro floor around 0.1100. Trade $MEGA here 👇 #DailyOrbit @OKX中文