🚨 $MON SHOWING EXHAUSTION AS SELLERS PREPARE TO BREAK LOCAL SUPPORT! 📉
Entry: 0.02662 🔴
Target: 0.0252126 🎯
Stop Loss: 0.0270891 ⚠️
Bearish market structure remains firmly intact across lower timeframes as $MON respects its stacked EMA ribbon alignment. 📊 The weak corrective bounce on sub-average volume signals a distinct lack of buying appetite at current levels.
With MACD momentum expanding to the downside, the path of least resistance points toward lower liquidity targets. ⚡ Strict risk management is essential with invalidation set just above key resistance.
💬 Are you taking the continuation short down to target, or waiting for a structural flip? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MON #ShortSetup #Crypto #Trading #Bearish
📉 🔻
Entry: 0.02662 🔴
Target: 0.0252126 🎯
Stop Loss: 0.0270891 ⚠️
Bearish market structure remains firmly intact across lower timeframes as $MON respects its stacked EMA ribbon alignment. 📊 The weak corrective bounce on sub-average volume signals a distinct lack of buying appetite at current levels.
With MACD momentum expanding to the downside, the path of least resistance points toward lower liquidity targets. ⚡ Strict risk management is essential with invalidation set just above key resistance.
💬 Are you taking the continuation short down to target, or waiting for a structural flip? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MON #ShortSetup #Crypto #Trading #Bearish
📉 🔻