Add as a preferred source on GoogleMegaETH Chart Setup Sets $0.05094 as Hourly Bullish Trigger
The Nov. 10 setup listed the last completed hourly close at $0.05080 but did not identify whether its levels came from spot or perpetual trading.
A Nov. 10 technical setup for MegaETH (MEGA) set a completed hourly close above $0.05094 as the condition for bullish continuation. In the setup’s snapshot, the last completed hourly candle was listed as closing at $0.05080, below that level.
The analysis also marked $0.05057 as a downside pivot, $0.05157 as hourly resistance and $0.05197 as daily resistance. It listed the relative strength index (RSI), a momentum indicator, at 60.3 on the daily chart and 50.1 on the hourly chart.
The setup did not identify which market its figures refer to. Binance lists MEGA/USDT spot trading and a separate MEGAUSDT perpetual contract; the two markets can produce different hourly candles. The $0.05094 threshold describes the chart setup, rather than a confirmed level for either specific market.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.