$MON /USDT has completed a deep retracement phase and is now transitioning into a tight consolidation range above its recent swing low.

The impulsive rebound from the bottom reflects strong speculative demand entering the market. Since then, price has shifted into controlled sideways movement, which often precedes expansion when supply gets absorbed.

The structure suggests that the asset is building a base for its next decisive move. Sustained holding above the current support zone keeps the bullish continuation scenario technically valid.