MON's chart is screaming lower, price just broke the swing low and the market structure is busted.
🔴 $MON SHORT 📉
Entry → $0.027762-$0.027818
Stop → $0.028624 (-3.0%)
TP1 → $0.027373 (+1.5%)
TP2 → $0.026400 (+5.0%)
R/R 1:1.7 • Confidence 65%
We got a CHoCH on the 1h, CVD confirming sell pressure, a fresh FVG right below the break, and an OB lining up with that gap—classic POI confluence. The price is now testing the OB, so a short entry feels solid.
A 3% stop is fairly tight, so keep leverage around 5x to manage risk.
Scale out half at the first target for a quick win.
As always: manage your risk, this is not financial advice 🙏
$MON #MONUSDT #SMC #TradingSignals #Write2Earn
🔴 $MON SHORT 📉
Entry → $0.027762-$0.027818
Stop → $0.028624 (-3.0%)
TP1 → $0.027373 (+1.5%)
TP2 → $0.026400 (+5.0%)
R/R 1:1.7 • Confidence 65%
We got a CHoCH on the 1h, CVD confirming sell pressure, a fresh FVG right below the break, and an OB lining up with that gap—classic POI confluence. The price is now testing the OB, so a short entry feels solid.
A 3% stop is fairly tight, so keep leverage around 5x to manage risk.
Scale out half at the first target for a quick win.
As always: manage your risk, this is not financial advice 🙏
$MON #MONUSDT #SMC #TradingSignals #Write2Earn