【$MEGA Signal】Bollinger Bands upper band resistance, bullish momentum fading, sniper short at high levels


$MEGA 1H MACD histogram shrunk to 0.0003, buying pressure unable to push further. 4H Bollinger Bands upper band at 0.2115 acts like a wall, price touched 0.2137 and was pushed back. RSI on 1H dropped from 70, funding rate at 0.005% is not extreme but calm enough, this position offers a good risk-reward ratio.

🎯Direction: Short

⚡Entry/Order: Enter directly around current price 0.2084

🛑Stop Loss: 0.1682

🚀Target 1: 0.2225

🚀Target 2: 0.2406

🛡️Trade Management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If the price falls back to the entry level, exit automatically to protect capital.

Depth logic: Although the 4H MACD is bullish, the bars are continuously shrinking; the 1H Bollinger Bands are converging, indicating a potential reversal point. Selling volume is at 0.49, with moderate support, and sideways movement at high levels signals distribution.

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