MEGA is not in a confirmed reversal yet.
It is in a tradable bounce after a violent breakdown
That matters because the bounce is real, but the structure is still not repaired.
Price swept the 0.118 area, SAR flipped below price, short term momentum turned up, and now price is trying to build above 0.133. That gives the setup life.
But this is still level by level.
RSI 6 is back above 56, so short term buyers are active. RSI 12 and RSI 24 are still in the low 40s, so the bigger momentum picture is not fully fixed yet. Stoch RSI is already hot around 76, which means this bounce can continue, but it can also get stretched fast.
Your cyan boxes work well as TP zones.
TP1: 0.140 to 0.145
This is the first real reclaim area and lines up with the 0.236 Fib. If
$MEGA rejects here, it is probably just another lower high.
TP2: 0.154 to 0.158
This is the serious test. It lines up with the 0.382 Fib and the first real structure repair zone.
TP3: 0.165 to 0.168
Mid range. If price reaches this zone, the bounce becomes much more meaningful.
TP4: 0.176 to 0.187
This is the heavy supply zone. If
$MEGA gets there, I would expect sellers to defend hard unless volume expands aggressively.
Clean invalidation is below 0.118.
MEGA has bounce momentum now, but not trend confirmation.
As long as it holds above 0.128 to 0.130 and keeps printing higher lows, the TP ladder is valid.
If it reclaims 0.1405, TP2 becomes realistic.
If it loses 0.128, the bounce weakens.
If it loses 0.118, the setup is dead.
This is not a “send it” chart.
It is a bounce trade with clear targets, clear invalidation, and no room for emotion.
Take profits into strength, because until structure is reclaimed, every pump is still a test
#MEGA