$MON /USDT: The medium-term direction is bearish, but the one-hour chart shows a temporary rebound above its EMA50. This creates a traditional selling opportunity. The 15-minute Relative Strength Index is approaching 60, indicating a potential exhaustion point for this rebound. "Why now" is the momentum: we are looking to sell into this short-term strength as it fails near the one-hour EMA200 resistance. Enter a sell trade if the 15-minute Relative Strength Index dips below 50 again, confirming that the rebound has ended and the larger bearish trend resumes. Target the swing lows.
Actionable setup now (Sell)
Entry: market at 0.018866 – 0.019036
TP1: 0.018438
TP2: 0.018267
TP3: 0.017925
SL: 0.019464
#FOMCWatch #BTCVSGOLD #TrumpTariffs $MON

MONUSDT
Perp
0.02002
+6.77%