MONUSDT is meeting heavy whale resistance. Sellers are actively capping the upside as momentum stalls.
$MON
Bias: Shorting into the resistance zone.
Trade Plan
Entry: 0.02945
SL: 0.029553
TP: 0.029317 / 0.025291
Market Evidence:
• Whale resistance detected on the order book.
• Taker SELL dominance confirms active distribution.
• Negative funding persists despite crowded long positioning.
Risk:
• High Long/Short ratio (2.09) increases volatility if longs defend the current support.
Watch:
Monitor price action at 0.02955; a breakout here invalidates the setup.
#MONUSDT #CryptoTrading #Orderflow
$MON
Bias: Shorting into the resistance zone.
Trade Plan
Entry: 0.02945
SL: 0.029553
TP: 0.029317 / 0.025291
Market Evidence:
• Whale resistance detected on the order book.
• Taker SELL dominance confirms active distribution.
• Negative funding persists despite crowded long positioning.
Risk:
• High Long/Short ratio (2.09) increases volatility if longs defend the current support.
Watch:
Monitor price action at 0.02955; a breakout here invalidates the setup.
#MONUSDT #CryptoTrading #Orderflow
