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【$MON Signal】Long Position: Healthy Reset After Breakout with Volume Surge
$MON Is cooling down after a 8.13% surge—price action indicates a healthy reset after breakout, not top-selling pressure. Volume and open interest are increasing in sync, suggesting main capital inflow rather than just short covering.
🎯 Direction: Long
🎯 Entry: 0.01880 - 0.01900
🛑 Stop Loss: 0.01780 ( Rigid Stop Loss )
🚀 Target 1: 0.02050
🚀 Target 2: 0.02200
Market logic is hardcore: After the breakout, the price forms a tight flag pattern at high levels, with LTF (lower time frame) pullbacks quickly absorbed, showing no panic selling. This structure is a typical “Breakout-Reset-Continuation” pattern. The increase in open interest confirms new long positions rather than false upward moves driven by short covering. The buy orders in the key support zone (0.0185-0.0188) provide the mathematical basis for a higher probability of upward continuation.
Trade here 👇 $MON
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