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$MEGA is still heavy after that spike.
Weak Structure Verdict
The big move already got sold hard, and now price is just chopping under the rejection zone. I don’t see clean strength here yet — bounces are weak and volume isn’t pushing enough to change the read.
I’m watching 0.140 first, then 0.125 if that breaks. If price gets back above 0.158 and holds, this idea is off.
I’m leaning short while it stays below 0.158.