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📉 $MON – it continues to decline in a clear downtrend across multiple time frames.
🔴 $MON SHORT
🎯 Entry: 0.01999 – 0.02002
🛑 Stop Loss: 0.02041
🎯 TP: 0.01939 - 0.01911 - 0.01880
🧠 Plan & Logic
The downtrend is evident in it, with price moving lower across 1-day, 4-hour, 1-hour, 15-minute, and 5-minute charts. Price action is reacting near an important level, so risk management matters here. The setup depends on confirmation around the entry zone and follow-through after the move.
Trade $MON here 👇 📉 🔻