$MON – Strong extension into resistance, starting to look overheated
Trading Plan Short $MON ( max 10x )
Entry: 0.0348 – 0.0366
SL: 0.039
TP: 0.0320
TP: 0.0295
TP: 0.0270
Price pushed up aggressively into this zone but the move is beginning to slow down. The upside isn't expanding cleanly anymore, and each push is getting weaker. When a rally gets extended and starts to stall near highs, it often leads to a pullback as sellers step in.
Trade $MON here 👇