The currency ($MON ) has been experiencing clear selling pressure lately, as we observe a price drop of about 7% over the day, and more than 50% over 30 days, reflecting a strong correction in the market.
A relative balance between buy and sell orders (about 50% for each side)
Good buy orders are stacked below the current price, which may indicate a potential support area
The current price is close to levels that may attract traders looking for a short-term rebound
❓Question for discussion:
Do you think MON will surprise the market with a strong rebound, or is the decline not over yet? 🤔📊
MONUSDT
Perp
0.02009
+0.55%
