$MON Summary and Short-Term Expectations

Current Correction Control: Currently, the price is undergoing a sharp and confirmed downward correction with a negative MACD crossover.

General Trend Support: Despite the correction, RSI levels remain above 50, indicating that the underlying trend for MONUSDT is still bullish on a slightly broader timeframe, and this drop could just be profit-taking.

Monitoring Levels:

For Buyers: Look for a point where the price rebounds upwards with RSI returning to rise or a new positive MACD crossover. The rebound could occur from the level of 0.02691 or any previous support level.

For Sellers: If the decline continues and the price breaks below the level of 0.02644, the correction may accelerate.