$MON Long signal has been clarified!
There have been 5 consecutive days of decline, but the contract open interest has not decreased at all, and the main force has clearly shown no signs of retreat. Now the 4-hour level has stabilized, with lows continuously rising, and the pullback phase is basically over, with the trend re-entering the upward channel.
It is worth noting that about 20 days ago, when the price was continuously falling, the whales had quietly laid out a large number of long positions at the bottom, resulting in a nearly 30-fold increase in open interest! This is almost identical to the pattern of MYX which surged nearly 20 times within two days.
The signal is already very clear, and the subsequent market deserves close attention.
$MON
MONUSDT
Perp
0.02572
-2.24%
SOLUSDT
Perp
138.81
+5.89%
