MON Market Update



MON is slowly recovering after a heavy dip, and the price is trying to build a stable base again. The candles are staying closer to the moving averages, which usually hints that the market is calming down and preparing for the next move.

On the 15-minute chart, MON is showing short bursts of buying pressure. Each pullback is getting a little weaker, which often means buyers are trying to take control again.

On the 1-hour chart, the trend looks smoother. As long as MON holds above its recent bottom zone, it may try another gradual push upward. If momentum strengthens, we could see a slow grind toward the recent highs.

Short-Term View (15m):
Market is bouncing in small waves. Buyers are active but still cautious.

Mid-Term View (1H):
Trend is stabilizing. If support holds, a steady climb is possible.

This is just a personal market observation, not financial advice. Trade safe.$MON
MON-1.5%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)