📊 $MON Reversal in Motion on Binance Futures
$MON just bounced sharply from the 0.0220 demand zone and is now trading near 0.0291 with strong bullish momentum. After a deep correction from the highs, structure is starting to flip back in favor of the bulls. This is a classic dead-cat bounce vs trend reversal zone — trade it with a plan.
---
🔥 Trading Setup
Bias: Bullish recovery (scalp/swing hybrid)
Entry Zones:
✅ Pullback buy: 0.0275 – 0.0285
✅ Breakout buy: Above 0.0300 with volume confirmation
Targets:
🎯 T1: 0.0310
🎯 T2: 0.0340
🎯 T3: 0.0390 (major resistance)
Stop Loss:
⛔ Aggressive SL: 0.0265
⛔ Safe SL: 0.0248
---
🧠 Technical Breakdown
✅ Higher low formed at 0.0220
✅ MA(7) crossed above MA(25) → momentum shift
✅ RSI ~63 → bullish but not exhausted
✅ Price pushing toward long MA resistance = breakout or rejection zone
---
💡 Pro Trading Tips
• Watch MA(99) — close above = continuation signal
• Take partial profits at T1
• Trail stops once above 0.031
• No revenge trading if stopped
• Reduce leverage in chop zones like this
---
⚠️ This is Futures trading — high volatility, high risk. Trade with discipline or don’t trade at all.
---
#MON #CryptoTrading #ReversalSetup #TechnicalAnalysis #BreakoutTrading #RiskManagement #CryptoSignals 🚀