๐จ I'm watching
$MON โ Mixed structure, rejection confirmed!
Price sitting at 0.02429, below MA7 (0.02452) and MA25 (0.02467), but above MA99 (0.02417) โ mixed bearish tilt. The rejection at 0.02538 was clean. Volume is moderate โ USDT 38.71M โ decent liquidity. Today +8.2% but fading from highs.
๐ป SHORT
$MON (5ร Leverage) โ FUTURES
๐ Entry: 0.0242 โ 0.0244
๐ SL: 0.0252
๐ฏ TP1: 0.0238
๐ฏ TP2: 0.0233
๐ฏ TP3: 0.0227
If it breaks above MA7 (0.02452) with volume, the setup is invalid. Tight stop, clean risk.
โ ๏ธ 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 ๐๐ป
#MON #ShortSetup