$MON Short Liquidation: Breakout at $0.02335
Short sellers were cleared as MON broke above local resistance, forcing covers from late shorts leaning against the range high. Buying pressure absorbed sell-side liquidity cleanly.
Entry (EP): $0.02295
Take Profit (TP): $0.02620
Stop Loss (SL): $0.02195
Market Outlook:
$MON maintains a bullish short-term structure above $0.023. Sustained acceptance above this level favors continuation, while loss of support would slow momentum.
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