$MON Short Liquidation: $1.9835K at $0.02138
Short sellers on $MON were forced to exit as price pushed higher, triggering a clean short liquidation. Bears failed to defend the level, and forced buying added fresh momentum to the upside move.
Liquidation Type: Short
Liquidated Amount: $1.9835K
Liquidation Price: $0.02138
EP: $0.02110
TP: $0.02210 → $0.02300
SL: $0.02060
Market Outlook:
This short liquidation confirms buyers defending the lower range and shifting momentum against shorts. As long as price holds above the liquidation zone, upside pressure remains active with room for continuation toward higher resistance. Minor pullbacks are healthy, but overall structure favors bullish continuation.
Pro Tip: After shorts are liquidated, wait for a pullback into support. Calm entries beat chasing fast moves every time.
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