$MON rejecting off resistance — momentum fading
Price pushed up to $0.02104 but couldn't hold. Now trading below all major moving averages — structure rolling over.
Trading Plan Short $MON
Entry: 0.02000 – 0.02020
SL: 0.02070
TP1: 0.01950
TP2: 0.01900
TP3: 0.01850
The move lacked follow-through — volume collapsed at the highs and sellers stepped in immediately. Price is now below MA7, MA25, and MA99, confirming bearish alignment. Each attempt to rally is getting shallower, with bids weakening near supply. If this level fails to hold, downside rotation toward $0.0195 and below becomes the higher-probability path.
Trade $MON here ⬇️
MONUSDT
Perp
0.0211
-5.59%