MegaETH breaks the downtrend (200 - 350% profits potential)

Wait 5 sec.

MegaETH breaks the downtrend (200 - 350% profits potential)MegaETH/USDTOKX:MEGAUSDTMasterAnandaMEGAUSDT. A multiple months long downtrend ended yesterday with a full green candle. The 0.236 Fib. extension level worked as resistance with MEGA trying to move higher, there is good potential here for additional growth. Is this a mixed chart? MEGAUSDT was moving straight down with no exceptions on the chart pattern, a perfect downtrend. Seeing the sudden change can signal that the bears overplayed their hands. Volume is very low on the drop, almost non-existent. The green candle yesterday and the challenge of resistance today, both sessions, are supported by rising volume, the highest since early May. This is a simple chart setup but one that can result in additional growth. Short-term there can always be some fluctuations, maybe even a small retrace followed by higher prices. Caution is advised though, this chart is very young. Namaste.