$MON – Pushing back into resistance, upside starting to stall again

🔴 Short $MON

Entry: 0.0263 – 0.0277

SL: 0.0292

TP1: 0.0245

TP2: 0.0228

TP3: 0.0212

Price has pushed back into this resistance zone, but continuation still looks weak. Each attempt higher is getting absorbed rather than expanding, showing a lack of real momentum on the upside.

When price repeatedly fails to break through resistance like this, it often signals supply building overhead. As rejection continues, this type of structure typically rolls over into a pullback with sellers stepping back in.

Trade $MON here 👇

MONUSDT

Διην.

0.0364

+2.42%