$MON FAKE OUT OR REVERSE?
Entry: 0.01679 🟩
Target 1: 0.01979 🎯
Stop Loss: 0.01678 🛑
$MON defying the market. Massive volume surge. Nitro accelerator hype is real. But look closer. Technicals scream danger. Price failed to hold above $0.01979. A clear bear trap. CMF is negative. MACD fading. Smart money is exiting. This isn't a breakout. It's a liquidity grab. Unless $MOG reclaims $0.01979 decisively, expect a drop back to $0.01679. Don't get caught in the fakeout.
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MONUSDT
Perp
0.02097
+9.04%