$MON /USDT Bearish Structure Confirmed 📉

The 4H chart remains decisively bearish, with price trading below all key moving averages. The 1H timeframe aligns with this weakness, showing no signs of structural recovery. Momentum is now rolling over, and the 15-minute RSI slipping below 50 confirms fresh selling pressure entering the market. This setup signals continuation, not a bounce. A break below the 1H reference level acts as the trigger for the next leg down, with a clear path toward lower targets.

Actionable Setup (SHORT):

Entry: Market at 0.023491 – 0.023679

TP1: 0.023022

TP2: 0.022835

TP3: 0.02246

Stop-Loss: 0.024147

MON
MONUSDT
0.02132
-9.00%

Bias remains strictly bearish unless price reclaims the invalidation level. Discipline is key here.