【$MEGA Signal】Multiple retracements, 1H momentum divergence waiting for a pullback confirmation

$MEGA 1H level surge and fall back, price is stuck below the 4H Bollinger upper band at 0.2058, buy order depth is 2.13 times thicker than sell order depth, but the latest one-hour trading volume has significantly shrunk. The 4H MACD histogram is still expanding, but the 1H MACD histogram has already started contracting, indicating a break in short-term upward momentum.

The price repeatedly tests around 0.204, and chasing high at this level carries higher risk. A more prudent approach is to wait for a pullback, and place a buy order near the lower boundary of the 0.183 to 0.203 range.

⚡Entry: Place a buy order around 0.18337.

🛑Stop loss: 0.16626.

🚀Target 1: 0.21757.

🚀Target 2: 0.23467.

🛡️Trade management: - Execute strategy: After reaching Target 1, halve the position size, and move the stop loss up to the entry price. If the price cannot stay above 0.203, consider exiting early.

Order book imbalance indicates strong willingness of funds to support the price, but the volume-price divergence at the 1H level is a warning. The current 0.5% funding rate is not extreme, but continuous increases could accumulate short squeeze risks. Under this structure, the best risk-reward opportunities often occur after a decent pullback, rather than chasing highs.

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