$MON faced a long liquidation of $14.24K at $0.0356, showing strong selling pressure as over-leveraged buyers were shaken out. This move signals short-term weakness, but it can turn into a quick recovery if support holds. If MON stays above 0.0352, the price can attempt a bounce toward 0.0364 and 0.0371. A safer entry sits around 0.0348–0.0352 only if the chart shows signs of holding that level. If MON breaks below 0.0345, the downside can extend and the market becomes risky. For now the key is watching how MON reacts around the liquidation zone, because a solid green candle there can trigger a short-term rebound.
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$MON faced a long liquidation of $14.24K at $0.0356, showing strong selling pressure as over-leveraged buyers were shaken out. This move signals short-term weakness, but it can turn into a quick recovery if support holds. If MON stays above 0.0352, the price can attempt a bounce toward 0.0364 and 0.0371. A safer entry sits around 0.0348–0.0352 only if the chart shows signs of holding that level. If MON breaks below 0.0345, the downside can extend and the market becomes risky. For now the key is watching how MON reacts around the liquidation zone, because a solid green candle there can trigger a short-term rebound.
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$MON