🔴 $MON LIQUIDATION SHAKEOUT, BULLS EYEING REVERSAL
$MON just saw a $103.2K long liquidation at $0.02318, a deep leverage flush that usually marks capitulation rather than trend failure. Big liquidations like this often reset the market for a cleaner upside move.
Trade Setup
Entry zone: $0.0226 – $0.0234 once price stabilizes or reclaims $0.0232.
Targets: $0.0258 → $0.0289 → $0.0335 into the next resistance zones.
Stop Loss: $0.0212 to control risk if support breaks.
Market Sentiment
Leverage has been aggressively cleared and selling pressure is easing. If buyers defend the $0.023 area, momentum can rotate back to bulls with strong rebound potential.
MONUSDT
Perp
0.02393
+11.87%
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