The Bear Trap Just Snapped: MON Breakdown Imminent

Entry: 0.02674 🟩

Target: 0.026017 🎯

Stop Loss: 0.027751 🛑

Forget the low-cap hype. The technicals on $MON are screaming exhaustion, confirming a dominant bearish structure across multiple timeframes. Both the 4-hour and 1-hour charts sit firmly below key moving averages. The trigger is set: losing the critical 0.0268 level, coupled with 15m RSI collapse, signals that momentum is turning down right now. This is a clean, immediate short setup targeting the next major support zone. Do not fight this move. Monitor $BTC for overall market stability.

NFA. Trade responsibly, use proper risk management.

#CryptoTrading #MON #ShortSetup #Bearish #Alts

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MON
MONUSDT
0.02623
-2.63%

BTC
BTCUSDT
90,087.1
-2.77%