🔍 $MON In-Depth Analysis: Reasons for Recent Sharp Decline and Short-Term Strategies

Data Disclosure: $MON has an average change of -0.18% in the last 10 15m K-lines, dominated by consecutive bearish candles, indicating strong selling pressure! 📉 Key Points: K-lines 2, 4, and 5 have declines exceeding 1%, with increased trading volume indicating intensified selling. However, note the rebound bullish candles appearing in K-lines 7 and 8, unfortunately suppressed afterward, and the rebound did not sustain. 🎯 Market Status 'Normal Fluctuation', with a maximum fluctuation of 2.39%, suggesting it is not out of control, and opportunities still exist.

💡 Short-Term Trading Strategy:

1. Short Opportunity: If the price rebounds and encounters resistance around the resistance level of 0.0190, a light short position can be taken, targeting 0.0180, with a stop loss set above 0.0195.

2. Long Opportunity: If it drops to stabilize and rebounds near the support level of 0.0185, a buy-in can be made, targeting 0.0195, with a stop loss set below 0.0180.

🚨 Risk Warning: Closely monitor market sentiment; $BTC trends may impact $MON. Strictly set stop losses and control position sizes! #Cryptocurrency #TradingAnalysis #MONUSDT #StrategySharing