🚀 MON Bullish Setup Attention 📈
**Trading Plan:**
Bias: Bullish
Entry: 0.02020 - 0.01980
Stop Loss: 0.01940
Take Profit 1–3: 0.02120 / 0.02200 / 0.02300
**Technical Analysis:**
From the 15-minute chart, MON shows strong bullish momentum after breaking out of the previous consolidation range. The price is currently trading above key exponential moving averages (EMA 7, EMA 25, EMA 99), indicating a short-term bullish trend. The price has retraced from a recent high of 0.02131 and is currently testing the key support area around 0.02000, which coincides with EMA(25). If the price can successfully find support and bounce in this area, it will be a confirmation signal for the continuation of the bullish trend.
**Failure Conditions:**
This bullish setup will only fail if the support level of 0.01940 is continuously breached.
$MON
