MON is slipping beneath the 30‑day average, and the market’s appetite for risk is fading fast.
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$MON SHORT 📉 — Trade Plan
• Entry: $0.023027 – $0.023073
• Stop: $0.023742 (-3.0%)
• Target 1: $0.022704 (+1.5%)
• Target 2: $0.021898 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A clear change of character erupted on the 4‑hour chart as price broke the last swing low, while the cumulative volume delta turned bearish confirming the move. The fair value gap aligns with an old order block, creating a liquidity sweep that traps longs, and the confluence of POI makes the short bias aggressive.
A 3.0% stop is relatively tight for this volatility, so keep leverage modest, around 2‑3x.
Take half the position off at the first profit target as soon as price respects the nearest resistance.
As always: manage your risk, this is not financial advice 🙏
$MON #MONUSDT #AnthropicCEOCallsForAISlowdown #TradingSignals #Write2Earn