$MON Losing Structure – Liquidity Target Below

🎯 Trade Plan: SHORT

Entry: 0.0298 – 0.0304

TP1: 0.0295

TP2: 0.0290

TP3: 0.0285

SL: 0.0310

R:R: ~1:2 – 1:3

Invalidation: 15m close above 0.0312

MON is showing a clear downtrend after rejecting from the 0.0346 zone and continuing to form lower highs.

Price is still trading below MA7, MA25, and MA99, which shows sellers are controlling the short-term structure. The recent bounce attempt is weak, while volume increased during the sell-off, suggesting the downside pressure has not fully ended yet.

If MON cannot reclaim 0.0304 – 0.0310, price may continue targeting the lower liquidity zone around 0.0295, then possibly deeper toward 0.0290 – 0.0285.

Trade $MON here👇