$MON momentum is strong, but 0.03303 is the test
#MON is showing +21.70% with very high activity, and your chart has price around 0.03247, just below the 0.03303 high. I’d watch the breakout rather than chase the current candle.
Long setup:
Entry: 0.03120–0.03180 on pullback/retest
SL: 0.02980
TP1: 0.03303
TP2: 0.03354
TP3: 0.03500
If 0.03303–0.03354 breaks and holds as support, continuation becomes more interesting. If price loses 0.02980, I’d step aside and wait for a fresh setup.
My view: momentum is bullish, but MON is already extended, so patience on the entry matters. Manage leverage carefully and DYOR.
#AltcoinSeasonIndexHoldsAbove60For5Days #USADPAdds90000JobsInSeptember
#MON is showing +21.70% with very high activity, and your chart has price around 0.03247, just below the 0.03303 high. I’d watch the breakout rather than chase the current candle.
Long setup:
Entry: 0.03120–0.03180 on pullback/retest
SL: 0.02980
TP1: 0.03303
TP2: 0.03354
TP3: 0.03500
If 0.03303–0.03354 breaks and holds as support, continuation becomes more interesting. If price loses 0.02980, I’d step aside and wait for a fresh setup.
My view: momentum is bullish, but MON is already extended, so patience on the entry matters. Manage leverage carefully and DYOR.
#AltcoinSeasonIndexHoldsAbove60For5Days #USADPAdds90000JobsInSeptember
