๐จ $MON/USDT Update
$MON is trading around $0.02125 right now after getting rejected from $0.02169 earlier. The price pulled back and is now moving sideways, which usually means the market is deciding its next direction.
๐ What Iโm Seeing
โข Price is sitting close to the EMA support area
โข RSI is around 40, showing weak momentum but trying to recover
โข Market looks like itโs preparing for the next move
๐ข If Bulls Step In
A push above $0.02135 โ $0.02140 could bring a move toward:
๐ฏ $0.02155 โ $0.02170 โ $0.02190
๐ด If Support Breaks
If $0.02115 fails, we could see a drop toward:
๐ฏ $0.02100 โ $0.02080
โก My Take:
Right now this looks like a waiting zone. A clear breakout or breakdown will likely decide the next move. Smart traders wait for confirmation before jumping in.
#MON #CryptoTrading #Altcoins ๐๐