Everyone is watching the green candle while the 4H chart is watching the ceiling.

$MEGA /USDT - SHORT

Trade Plan:

Entry: 0.03840 – 0.03880

SL: 0.04010

TP1: 0.03750

TP2: 0.03630

TP3: 0.03480

Why this setup?

The bearish case is building—but only after a confirmed 4H rejection.

- MEGA is up 5.58% over 24H, yet down 8.20% over seven days.

- The 24H high sits near 0.03965, giving the stop a clear invalidation level.

- TP1 offers roughly 2.8% downside, TP2 6.0%, and TP3 9.8%.

- A 4H close above 0.04010 cancels the setup.

Why now? A wick into the entry zone followed by a 4H close below 0.03840 could turn this bounce into a sell-the-rip opportunity. No rejection, no trade.

Debate:

Is MEGA’s bounce real accumulation, or liquidity before another leg down?

#Ripple invests in tokenized asset infrastructure #Coldcard hardware wallet exploit #US-Japan yen intervention