$MON just got slammed with a long-liquidation wick at 0.027, and the drop felt sharp and emotional the kind of flush where the market forces over-leveraged longs out in one fast sweep. But right after the hit, the candles stopped bleeding and settled into a slow, shaky hover. That pause tells you sellers threw their weight in, but they didn’t get the follow-through they wanted. Now you can see $MON trying to build a tiny base again, with buyers testing the floor to see if this is just a cleanup move instead of a real breakdown.
If this base holds, $MON can easily work its way back toward the mid-range and reset momentum.
Entry Zone: 0.0265 – 0.0272
TG1: 0.0281
TG2: 0.0290
TG3: 0.0302
Stop-Loss: 0.0261
Stay steady liquidation candles move fast but so do the recoveries.
