$MEGA is starting to show signs of stabilization after the recent drop, with price attempting to form a base around current levels
MEGAUSDT
Perp
0.13132
+3.84%
The bounce suggests that selling pressure may be easing, but calling a confirmed bottom at this stage is still early. For a stronger reversal case, price needs to hold support and start building higher lows with sustained buying interest
A move toward the 0.1600+ zone is possible if momentum continues and buyers regain control, but without confirmation, this could also turn into a temporary relief bounce rather than a full trend shift
Right now, it’s a transition phase watching how price reacts at support and whether it can reclaim structure will be key