$MON MON is slowly recovering after a sharp drop, and the price is trying to form a stable base again. The candles are closer to the moving averages, which usually indicates the market is calming down and preparing for the next move.
On the 15-minute chart, MON shows brief bursts of buying pressure. Each pullback weakens slightly, which often means buyers are trying to regain control.
On the hourly chart, the trend looks smoother. As long as MON holds above the recent lower zone, it may try to gradually rise again. If momentum strengthens, we could see a slow move toward recent highs.
Short-term overview (15 min): The market is moving in small waves. Buyers are active but still cautious.
Medium-term overview (1 h): The trend is stabilizing. If support holds, steady growth is possible.
These are just personal market observations, not financial advice.
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$MON MON is slowly recovering after a sharp drop, and the price is trying to form a stable base again. The candles are closer to the moving averages, which usually indicates the market is calming down and preparing for the next move.
On the 15-minute chart, MON shows brief bursts of buying pressure. Each pullback weakens slightly, which often means buyers are trying to regain control.
On the hourly chart, the trend looks smoother. As long as MON holds above the recent lower zone, it may try to gradually rise again. If momentum strengthens, we could see a slow move toward recent highs.
Short-term overview (15 min):
The market is moving in small waves. Buyers are active but still cautious.
Medium-term overview (1 h):
The trend is stabilizing. If support holds, steady growth is possible.
These are just personal market observations, not financial advice.