$MON experienced a large short liquidation at $0.02134, forcing aggressive sellers out of their positions after a failed breakdown attempt. This was a meaningful sweep, not a minor one, and it shifted short-term control back toward buyers.

EP: $0.0210 – $0.0215

TP: $0.0235 → $0.0265 → $0.0310

SL: $0.0199

Price is consolidating above the liquidation level instead of retracing below it, which is a strong bullish signal. Structure now shows higher lows forming, and downside liquidity has already been cleared. Momentum favors continuation as long as price remains above support and buyers maintain control.

$MON

MON
MONUSDT
0.02008
-1.80%

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