MON USDT Analysis
Daily: The daily trend is strongly bearish, with continuous lower highs and lower lows. Price is trading well below key moving averages, confirming overall downside control.
4H: The 4H timeframe shows sustained selling pressure after a sharp breakdown. Any small pullbacks are getting sold into, keeping the structure bearish.
1H: On the 1H chart, price is hovering near fresh lows around 0.023, with weak bullish response and fading momentum, indicating sellers are still active.
Short Signal
$MON USDT remains under heavy selling pressure across all timeframes. The recent sharp drop followed by weak consolidation suggests continuation rather than reversal. RSI is oversold but not showing a strong bullish divergence, while MACD stays below the zero line, signaling bearish momentum is still intact. As long as price stays below near-term resistance, short positions remain favorable.
Entry (EP): 0.02350 – 0.02380
TP1: 0.02300
TP2: 0.02250
TP3: 0.02180
SL: 0.02440
Trade with proper risk management and wait for confirmation near the entry zone.
