🚨 I'm watching
$MON – Mixed structure, rejection confirmed!
Price sitting at 0.02429, below MA7 (0.02452) and MA25 (0.02467), but above MA99 (0.02417) – mixed bearish tilt. The rejection at 0.02538 was clean. Volume is moderate – USDT 38.71M – decent liquidity. Today +8.2% but fading from highs.
🔻 SHORT
$MON (5× Leverage) – FUTURES
📍 Entry: 0.0242 – 0.0244
🛑 SL: 0.0252
🎯 TP1: 0.0238
🎯 TP2: 0.0233
🎯 TP3: 0.0227
If it breaks above MA7 (0.02452) with volume, the setup is invalid. Tight stop, clean risk.
⚠️ Caution: Rejection at 0.02538 is clear. Pump is fading.
I'm staying bearish on this rejection setup. Manage your risk and don't chase.
Trade Here 👇🏻
#MON #ShortSetup