Image of MEGA
MEGAMake ETH Great Again
$0.05995
-0.18%
1D

Make ETH Great Again Analysis

Investment Score
A quick view into Make ETH Great Again's investment prospects.
3.9

The setup lacks strong confirmation and carries enough risk to justify caution at current levels.

What is helping
  • Volatility is relatively contained right now, which supports a cleaner trading environment.
  • Stoch RSI is near the lower end of its range, which suggests downside momentum may be getting exhausted.
Main risks
  • The higher-timeframe trend is still working against fresh longs.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bear Quiet
Confidence: 95%
Why this state?
  • MEGA is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Quiet regime, the best-fit approach is Stay defensive and wait for confirmation. The market is weak without panic-level volatility, which usually argues for staying defensive, avoiding aggressive entries, and waiting for clearer evidence of a reversal.

Trend
Bearish
MEGA is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Oversold
RSI is 28.61, which points to stretched downside momentum.
Volatility
Quiet
MEGA ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.06106 - $0.06158
Active zone
$0.05976 - $0.06028
Support zone
$0.05846 - $0.05947
Chart Patterns
SMA50
SMA100
SMA200
RSI
Oversold
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

Make ETH Great Again support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.05846 - $0.05947
Resistance zone
$0.06106 - $0.06158
Active zone
$0.05976 - $0.06028
Levels Table
LevelZoneStrength
Support 1$0.05846 - $0.05947
Support 2$0.05716 - $0.05768
Support 3$0.05214 - $0.05297
Support 4$0.04314 - $0.04399
Resistance 1$0.06106 - $0.06158
Resistance 2$0.06220 - $0.06331
Resistance 3$0.06354 - $0.06406
Resistance 4$0.06610 - $0.06692
Active 1$0.05976 - $0.06028
Scenario Analysis
Bullish scenario

MEGA clears the resistance zone at $0.06106 - $0.06158 and holds above it. That would strengthen the breakout case and shift attention to $0.06220 - $0.06331.

Bearish scenario

MEGA loses the support zone at $0.05846 - $0.05947. That would weaken the setup and open the way toward $0.05716 - $0.05768.

Neutral scenario

MEGA continues trading between $0.05947 and $0.06106. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.06783
Bearish
MEGA is trading below the 50-day average.
SMA200
$0.07067
Bearish
MEGA remains below the long-term trend line.
EMA50
$0.06640
Bearish
MEGA is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.07561
Bearish
MEGA is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
28.61
Oversold
RSI (14) is depressed at 28.61, which suggests downside momentum may be getting exhausted.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
-0.002913
Bearish
MACD is below its signal line.
ATR
0.8711%
Quiet
Volatility is below its 180-day median.
VWMA
$0.06405
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-71.76
Neutral
CCI (20) is at -71.76, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.008267
Bearish
Awesome Oscillator is below zero at $-0.008267, which supports bearish momentum.
Williams Percent Range (14)
-99.98
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -99.98.
Bull Bear Power (13)
$-0.001913
Bearish
Bull Bear Power (13) is negative at $-0.001913, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
5.75
Oversold
Ultimate Oscillator is weak at 5.75, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.05999
Bearish
MEGA is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.06724
Bearish
MEGA is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Make ETH Great Again

Over the past 7 days, Make ETH Great Again price was most positively correlated with the price of Gram (prev. Toncoin) (GRAM), Flare (FLR), Aerodrome Finance (AERO), Hedera Hashgraph (HBAR) and Stacks (STX) and most negatively correlated with the price of Dash (DASH), Bonk (BONK), JUST (JST), Pepe Coin (PEPE) and Binance Coin (BNB).

Positively Correlated Currencies
NameCorrelation
Image of Gram (prev. Toncoin)Gram (prev. Toncoin)0.829
Image of FlareFlare0.647
Image of Aerodrome FinanceAerodrome Finance0.588
Image of Hedera HashgraphHedera Hashgraph0.579
Image of StacksStacks0.564
Negatively Correlated Currencies
NameCorrelation
Image of DashDash-0.314
Image of BonkBonk-0.298
Image of JUSTJUST-0.291
Image of Pepe CoinPepe Coin-0.278
Image of Binance CoinBinance Coin-0.219

Make ETH Great Again price is positively correlated with the top 10 coins by market cap with a price of 0.431, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.249. Currencies that are positively correlated with Make ETH Great Again indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Make ETH Great Again, a move in one direction for Make ETH Great Again would translate into a move in the opposite direction for the negatively correlated coin.

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