$MON

MON
MONUSDT
0.02229
-7.39%

just flushed late longs near $0.02255 after losing its intraday base. The selloff was sharp and decisive, which points to distribution, not a simple pullback. 📉💥

Trade plan • Bias: Bearish 🐻

• Entry (EP): $0.0226 – $0.0232

• Stop Loss: $0.0250 ⛔

• Targets:

  TP1: $0.0208 🎯

  TP2: $0.0192 🎯

  TP3: $0.0170 🎯

Market read Downside momentum stays strong with no clear demand stepping in yet. Structure keeps printing lower highs and lower lows. As long as $0.0232 acts as resistance, pressure remains to the downside and another leg lower is likely. 📊⬇️

#MON #TrendingPredictions #USGDPUpdate #WriteToEarnUpgrade #BinanceAlphaAlert