$MON is showing signs of weakness around the current zone, with sellers attempting to regain control. If the rejection continues and support starts to break down, the setup could open the door for a deeper move lower.

Trading Idea: Short $MON

Entry: 0.0440 – 0.0465
SL: 0.0478
TP1: 0.0435
TP2: 0.0415
TP3: 0.0400

Let price confirm the setup rather than chasing the move. Manage your risk carefully and DYOR (Do Your Own Research