$MON SHORT following the trend.
The 4H & Daily frames are both declining, the price is below the main EMAs. The 1H frame is bouncing up to touch the resistance area (EMA50) — this is a pullback in a downtrend. When the 15m RSI falls below 50, short-term momentum weakens, confirming a good selling point to continue following the 4H trend.
SHORT Setup (brief - easy to understand):
• Entry: 0.021045 – 0.021325
• TP1: 0.020344
• TP2: 0.020063
• TP3: 0.019502
• SL: 0.022026
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MONUSDT
Perp
0.0199
-2.06%