$MON MON is sitting at an interesting inflection point.
After months of sideways accumulation, price is pressing against the $0.028–$0.030 area while the descending trendline is being tested.
The important part: higher lows are starting to form, suggesting selling pressure is gradually being absorbed.
A daily close above $0.030 would make the breakout structure much more convincing, with $0.040 as the next area to watch. If price falls back below $0.025, the breakout attempt weakens significantly.
For now, the chart is about confirmation, not chasing the move.
After months of sideways accumulation, price is pressing against the $0.028–$0.030 area while the descending trendline is being tested.
The important part: higher lows are starting to form, suggesting selling pressure is gradually being absorbed.
A daily close above $0.030 would make the breakout structure much more convincing, with $0.040 as the next area to watch. If price falls back below $0.025, the breakout attempt weakens significantly.
For now, the chart is about confirmation, not chasing the move.
