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$MON
$MON is showing clear strength right now, trading around 0.01943 with positive momentum building. Over the last 24 hours, price has pushed higher from the 0.0184 zone and printed a strong impulsive move, followed by a healthy pause. This isn’t random price action — it looks like controlled consolidation after a bullish push.
On the 1H timeframe, the structure is constructive. Higher lows are forming, bullish candles are holding above the previous support, and sellers are failing to push price back into the prior range. This usually hints that buyers are still in control and preparing for the next leg.
Trade Setup
• Entry Zone: 0.01920 – 0.01945
• Target 1 🎯: 0.01995 (recent high / local resistance)
• Target 2 🎯: 0.02050 (range expansion zone)
• Target 3 🎯: 0.02120 (bullish continuation target)
• Stop Loss: 0.01880 (below structure support)
As long as price holds above the 0.0190–0.0192 support area, the bias remains bullish. A clean break and hold above 0.0200 with solid volume could accelerate momentum quickly and trigger a stronger upside expansion.
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