$MON
/ USDT Analysis — 1m Timeframe
$MON (Monad) has printed a strong bullish impulse candle on the 1-minute chart, reversing off the local swing low of $0.03424. Price action has reclaimed the short-term moving averages and the MA(99), signaling an immediate bullish breakout attempt.
Key Market Observations
* Current Price: $0.03476 (+10.52% 24h change)
* 24h High / Low: $0.03551 / $0.03072
* Key Moving Averages (1m):
* MA(7): $0.03472 | EMA(7): $0.03470
* MA(25): $0.03447 | EMA(25): $0.03454
* MA(99): $0.03459 | EMA(99): $0.03460
* Supertrend (10,3): Flips bullish with support established at $0.03452.
Technical Setup & Structure
* Market Structure: After a steady downtrend from $0.03525 down to $0.03424, price formed a double-bottom base and spiked vertically past the MA(99) line ($0.03459) to reach a high wick of $0.03487.
* Volume: Spike in buyer volume accompanied the breakout candle, confirming fresh interest at lower levels.
* Key Support: $0.03450 – $0.03460 (Confluence of MA(25), MA(99), EMA(99), and Supertrend indicator). Major support lies at $0.03424.
* Key Resistance: $0.03487 (Recent upper wick high), followed by $0.03510 and $0.03525.
Trade Execution Strategy
Scenario 1: Bullish Continuation / Long (Scalp)
* Entry Zone: $0.03460 – $0.03475 (looking for holding support above the broken MA(99))
* Target 1 (TP1): $0.03487 (Retest of local high)
* Target 2 (TP2): $0.03520
* Stop Loss (SL): $0.03445 (Below the Supertrend support)
Scenario 2: Rejection / Short (Scalp)
* Entry Zone: Rejection at $0.03487 – $0.03500 OR a breakdown back below $0.03450
* Target 1 (TP1): $0.03435
* Target 2 (TP2): $0.03424
* Stop Loss (SL): $0.03510
Disclaimer: Scalping the 1-minute chart involves quick volatility and execution risk. Manage leverage carefully and use disciplined risk parameters.
#SECHaltsCryptoETFReviewsAmidFundingLapse
/ USDT Analysis — 1m Timeframe
$MON (Monad) has printed a strong bullish impulse candle on the 1-minute chart, reversing off the local swing low of $0.03424. Price action has reclaimed the short-term moving averages and the MA(99), signaling an immediate bullish breakout attempt.
Key Market Observations
* Current Price: $0.03476 (+10.52% 24h change)
* 24h High / Low: $0.03551 / $0.03072
* Key Moving Averages (1m):
* MA(7): $0.03472 | EMA(7): $0.03470
* MA(25): $0.03447 | EMA(25): $0.03454
* MA(99): $0.03459 | EMA(99): $0.03460
* Supertrend (10,3): Flips bullish with support established at $0.03452.
Technical Setup & Structure
* Market Structure: After a steady downtrend from $0.03525 down to $0.03424, price formed a double-bottom base and spiked vertically past the MA(99) line ($0.03459) to reach a high wick of $0.03487.
* Volume: Spike in buyer volume accompanied the breakout candle, confirming fresh interest at lower levels.
* Key Support: $0.03450 – $0.03460 (Confluence of MA(25), MA(99), EMA(99), and Supertrend indicator). Major support lies at $0.03424.
* Key Resistance: $0.03487 (Recent upper wick high), followed by $0.03510 and $0.03525.
Trade Execution Strategy
Scenario 1: Bullish Continuation / Long (Scalp)
* Entry Zone: $0.03460 – $0.03475 (looking for holding support above the broken MA(99))
* Target 1 (TP1): $0.03487 (Retest of local high)
* Target 2 (TP2): $0.03520
* Stop Loss (SL): $0.03445 (Below the Supertrend support)
Scenario 2: Rejection / Short (Scalp)
* Entry Zone: Rejection at $0.03487 – $0.03500 OR a breakdown back below $0.03450
* Target 1 (TP1): $0.03435
* Target 2 (TP2): $0.03424
* Stop Loss (SL): $0.03510
Disclaimer: Scalping the 1-minute chart involves quick volatility and execution risk. Manage leverage carefully and use disciplined risk parameters.
#SECHaltsCryptoETFReviewsAmidFundingLapse