Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
MON has shown strong performance during this period, with a significant increase of nearly double in the past three weeks. However, from a technical perspective, the upper band of the Bollinger Bands has started to weaken, which usually indicates that the short-term upward momentum may be coming to an end.
From a market capitalization perspective, with a current size of 2.8 billion, the price fluctuation range is relatively obvious. Some traders, upon observing this signal, have begun to focus on downside opportunities. If considering a short-selling approach, the technical entry point is approximately 0.027, with a take-profit target of 0.024, and a stop-loss set at 0.029.
However, all trading involves risks. The Bollinger Bands signal is just one technical reference; actual operations should consider multiple indicators and personal risk tolerance.