$MON saw a notable short-liquidation at 0.02294, indicating aggressive bearish exposure was unwound. The size of the liquidation suggests positioning imbalance rather than random volatility. This often precedes either range continuation at higher levels or a controlled pullback to retest demand. Losing the liquidation level would neutralize the move; holding it keeps upside pressure intact.
Support: 0.0222
Resistance: 0.0245 / 0.0260
Momentum favors buyers while above support.
MONUSDT
Perp
0.02783
+5.65%