$MON Futures Long Signal
Entry Zone: 0.0232 – 0.0240
Take-Profit 1: 0.0255
Take-Profit 2: 0.0275
Take-Profit 3: 0.0300
Stop-Loss: 0.0204
Leverage (Suggested): 3–5x
Rationale:
#MON has completed a sharp V-shaped reversal from the 0.0205 demand base, followed by a strong impulsive breakout above the 0.0230–0.0235 resistance zone with clear volume expansion. This move signals aggressive demand entering the market rather than a weak relief bounce.
Price is currently consolidating just below the 0.0245 local high, holding above short-term moving averages, which indicates strength and acceptance above the prior breakdown zone. The structure shows a shift from lower lows to higher highs, confirming short-term trend reversal and continuation potential.
As long as price holds above the 0.0230 demand zone, continuation toward higher liquidity levels remains structurally valid.
Risk-Management Note:
A decisive breakdown and acceptance below 0.0204 would invalidate the bullish structure and signal renewed downside risk.
#WriteToEarnUpgrade #CPIWatch