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$MON has reached a key resistance level, showing clear overbought conditions and signs of fatigue.
Go short on $MON now
Entry: 0.02180 – 0.02190
Stop Loss: 0.02210
Target 1: 0.02049
Target 2: 0.01938
Target 3: 0.01832
The upward momentum encountered strong selling pressure at the key resistance zone. Although the price appears strong, the indicators are warning: RSI is extremely overbought, and more importantly, the money flow index (MFI) for ( has shown divergence, indicating smart money is quietly exiting. This volume contraction at the top is a typical sign of momentum exhaustion, and as long as selling pressure remains dominant, there is usually room for a deep correction.
Go short on ) trading opportunity 👇