$MON
MONUSDT
Perp
0.01992
+6.81%
🚀 MON Trade Setup: Momentum Continuation! 📈
The trade thesis is that MON is in a strong uptrend, and the current price (0.03095) represents a clean entry to ride the next leg up to major resistance levels.
📝 Key Levels and Parameters
Trade Type: Long (Buy)
Entry (Long): Market Price (≈0.03095)
Stop Loss (SL): 0.02862
Take Profit 1 (TP1): 0.03826
Take Profit 2 (TP2): 0.04162
🛡️ Risk and Profit Management
Risk Per Trade: The risk distance is 0.03095−0.02862=0.00233. This is a modest risk amount relative to the targets.
Profit Lock Action: Once the price successfully hits TP1 (0.03826), you must immediately move your Stop Loss up to your Entry Price (≈0.03095). This guarantees a risk-free trade for the push toward the higher target (TP2).
Risk/Reward Ratio: The potential reward to TP2 is 0.04162−0.03095=0.01067. The R:R is 1:4.58, which is an excellent ratio, justifying the immediate long entry.
$MON
{future}(MONUSDT)
The trade thesis is that MON is in a strong uptrend, and the current price (0.03095) represents a clean entry to ride the next leg up to major resistance levels.
📝 Key Levels and Parameters
Trade Type: Long (Buy)
Entry (Long): Market Price (≈0.03095)
Stop Loss (SL): 0.02862
Take Profit 1 (TP1): 0.03826
Take Profit 2 (TP2): 0.04162
🛡️ Risk and Profit Management
Risk Per Trade: The risk distance is 0.03095−0.02862=0.00233. This is a modest risk amount relative to the targets.
Profit Lock Action: Once the price successfully hits TP1 (0.03826), you must immediately move your Stop Loss up to your Entry Price (≈0.03095). This guarantees a risk-free trade for the push toward the higher target (TP2).
Risk/Reward Ratio: The potential reward to TP2 is 0.04162−0.03095=0.01067. The R:R is 1:4.58, which is an excellent ratio, justifying the immediate long entry.
$MON
{future}(MONUSDT)
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