$MON (Breakdown Momentum Play)
$MON experienced a sharp long liquidation around $0.01775, confirming a breakdown from recent support. Shorts are preferred on any retracement toward $0.0180–$0.0184, targeting $0.0165, $0.0152, and $0.0138. Place a protective stop above $0.0192 to manage risk if buyers reclaim control. Volume favors continuation rather than reversal at this stage. Pro tip: Avoid overleveraging low-cap assets and wait for confirmation candles on lower timeframes.
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MONUSDT
Prep
0.01756
-3.51%