🔴 $MON TESTING OVERHEAD SUPPLY: INSTITUTIONAL SELLERS DEFENDING CRUCIAL RESISTANCE 📉
Entry: 0.02538 - 0.02541 🔥
Target: 0.02482 🎯
Stop Loss: 0.02595 🛑
📌 Price action into the 0.02538–0.02541 premium zone reveals diminishing bid volume, signaling an imminent distribution phase. Institutional order flow remains capped directly beneath the critical 0.02591 resistance ceiling where buy-side liquidity was absorbed.
🌊 If sellers defend this supply pocket, expect a clean structural expansion downward toward the unmitigated imbalances at 0.02482 and 0.02437. Any push above 0.02595 cleanly invalidates the trade premise.
🤔 Are you positioning with the sellers on this retest, or waiting for a structural shift below entry? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MON #ShortSetup #PriceAction #CryptoTrading #OrderFlow
🎯 🦈
Entry: 0.02538 - 0.02541 🔥
Target: 0.02482 🎯
Stop Loss: 0.02595 🛑
📌 Price action into the 0.02538–0.02541 premium zone reveals diminishing bid volume, signaling an imminent distribution phase. Institutional order flow remains capped directly beneath the critical 0.02591 resistance ceiling where buy-side liquidity was absorbed.
🌊 If sellers defend this supply pocket, expect a clean structural expansion downward toward the unmitigated imbalances at 0.02482 and 0.02437. Any push above 0.02595 cleanly invalidates the trade premise.
🤔 Are you positioning with the sellers on this retest, or waiting for a structural shift below entry? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MON #ShortSetup #PriceAction #CryptoTrading #OrderFlow
🎯 🦈