$MON Bullish with strong momentum🔥
Current price 0.0195 is trading above all major moving averages (MA5=0.0183, MA10=0.0181, MA20=0.0180), indicating a strong bullish alignment. The 120-period MA at 0.0196 is slightly above the current price, suggesting a minor resistance zone.
Entry long $MON : on a pullback toward support zone 0.0185–0.0188 (aligning with MA5 and BOLL mid-band) or on a breakout above resistance 0.0197 with volume confirmation.
Stop Loss: Set at 0.0175 to account for volatility.
Target $MON : Aim for resistance 0.020 or higher, depending on momentum.
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MONUSDT
Perp.
0.01807
-2.69%