๐จ $MON RETESTS OVERHEAD SUPPLY AS BEARISH CONTINUATION STRUCTURE BUILDS ๐
Entry: 0.02556 - 0.02566 โก
Target: 0.02513 / 0.02474 / 0.02435 ๐ฏ
Stop Loss: 0.02617 โ ๏ธ
๐ $MON is currently printing a 1H retest into the breakdown origin, probing overhead liquidity near the 0.02560 supply block. ๐ Sellers defended this level decisively during the initial market structure break, leaving an unfilled price inefficiency above.
๐ก While the structural layout favors downside continuation toward 0.02435, order flow metrics demand strict patience for confirmed low-timeframe distribution before execution. Institutional discipline means prioritizing execution quality over premature entries. ๐ฌ Are you waiting for a structural rejection signal or placing limit bids at support? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #MON #ShortSetup #MarketStructure #Crypto #Trading
๐ป ๐
Entry: 0.02556 - 0.02566 โก
Target: 0.02513 / 0.02474 / 0.02435 ๐ฏ
Stop Loss: 0.02617 โ ๏ธ
๐ $MON is currently printing a 1H retest into the breakdown origin, probing overhead liquidity near the 0.02560 supply block. ๐ Sellers defended this level decisively during the initial market structure break, leaving an unfilled price inefficiency above.
๐ก While the structural layout favors downside continuation toward 0.02435, order flow metrics demand strict patience for confirmed low-timeframe distribution before execution. Institutional discipline means prioritizing execution quality over premature entries. ๐ฌ Are you waiting for a structural rejection signal or placing limit bids at support? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #MON #ShortSetup #MarketStructure #Crypto #Trading
๐ป ๐