$MON lust dropped 13%… but something VERY interesting is happening underneath the sell-off ‼️👀
While price is bleeding, spot investors have accumulated roughly $10.46M worth of MON since September 6.
That’s the information gap traders need to watch.
MON is now sitting inside a demand zone — an area where buyers previously stepped in aggressively. Spot netflow is also negative at around -$1.21M, suggesting coins are leaving exchanges.
If this zone holds, MON could attempt a recovery toward $0.035, with $0.037 as the next upside test.
But don’t get comfortable yet.
Momentum indicators still show short-term weakness, and another dip into the demand zone remains possible before any real reversal.
So the setup is simple:
Demand holds → recovery attempt.
Demand fails → deeper downside risk.
The real question: are these buyers smart-money accumulators catching the bottom… or are they buying too early? 👀
While price is bleeding, spot investors have accumulated roughly $10.46M worth of MON since September 6.
That’s the information gap traders need to watch.
MON is now sitting inside a demand zone — an area where buyers previously stepped in aggressively. Spot netflow is also negative at around -$1.21M, suggesting coins are leaving exchanges.
If this zone holds, MON could attempt a recovery toward $0.035, with $0.037 as the next upside test.
But don’t get comfortable yet.
Momentum indicators still show short-term weakness, and another dip into the demand zone remains possible before any real reversal.
So the setup is simple:
Demand holds → recovery attempt.
Demand fails → deeper downside risk.
The real question: are these buyers smart-money accumulators catching the bottom… or are they buying too early? 👀
