#MONAD Monad (MON) is showing weak short-term momentum today, trading around the $0.021–$0.025 range after a recent pullback. The price dropped roughly 7% in the last 24 hours, reflecting selling pressure and reduced bullish momentum.

Technically, MON has broken below its consolidation structure, signaling a bearish continuation unless it reclaims the $0.024 resistance. If weakness persists, downside risk could extend toward the $0.015 zone, while support remains near $0.020.
On the news side, sentiment remains mixed but promising. The team is considering a $30M token buyback, which could support price stability if executed. Additionally, ecosystem growth continues with integrations like Chainlink liquidity bridges and Aave deployment, boosting long-term utility.
Overall, the short-term outlook is bearish, but fundamentals remain strong for future growth.$MON