MG8 (Megalink) Chart Analysis
Fortunately, the price did not drop below $0.055. The $0.055 level is a crucial support. If this level is breached, it's uncertain how far the price could fall.
If the correction is indeed over at this point, we should see a significant upward move from here.
As a Web3 gaming platform, MG8 is rumored to be connected with Sony, with various game releases in the pipeline. There are also rumors of a KuCoin listing by November.
While this may be a challenging area, since there are no futures available, it seems wise to approach with small spot purchases.
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