$MON USDT Breaks Down From Support – Bearish Momentum Strengthens
MONUSDT has triggered a SELL at 0.0196200, confirming a breakdown below a key short-term support level. The move highlights increasing selling pressure and signals that bears remain firmly in control of the current trend.
Technical Analysis
Price is trading below its short-term moving averages, keeping the structure bearish. RSI remains below the 50 level, indicating weak buyer momentum and limited upside interest. The MACD stays in negative territory, confirming that downside momentum continues to favor sellers.
Key Levels to Watch
Immediate Support: 0.01900 – short-term demand zone
Major Support: 0.01820 – next downside target if selling pressure persists
Resistance: 0.02040 – breakdown area
Major Resistance: 0.02180 – trend reversal confirmation zone
Market Sentiment
Market sentiment for MONUSDT is clearly Bearish as long as price remains below resistance and fails to attract strong buying volume.
Strategy Outlook
New long entries carry elevated risk at current levels. A patient approach is preferred until clear confirmation appears.
Recommendation: WAIT
Do you think MONUSDT will hold the 0.019 support, or are sellers aiming for the 0.01820 level next?
Not Financial Advice (NFA). Always manage risk and conduct your own research.
$MON
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