$MON Rebounds Hard on Aave TVL Explosion – Strong Setup 🚀

Monad ($MON) is trading around $0.023 after a sharp recovery from the $0.018–$0.020 zone. The token is riding real ecosystem momentum.
Technical Snapshot:
• Support: $0.020–$0.022 (strong floor, held multiple times)
• Resistance: $0.026–$0.028 (immediate) → $0.032+ next
• Momentum: Bullish on higher timeframes. Recent bounce off support + rising volume. RSI recovering from oversold. 4H showing higher lows while 1H consolidates above $0.022.
News & Assets:
• Aave V3 Launch on Monad drove deposits past $100M quickly, pushing total TVL to new ATH of $476M–$477M (up ~32% in July alone).
• MetaMask launched Money Account exclusively on Monad.
• Strong DeFi activity: Proprietary AMMs seeing massive volume.
• Ecosystem growing fast with real usage (not just incentives).
The Setup:
MON had been consolidating after earlier selling pressure but the Aave V3 catalyst flipped sentiment. The TVL surge confirms genuine capital inflow and adoption of Monad’s high-performance parallel EVM tech. Technically, price is forming a bullish reversal structure off key support. As long as $0.020 holds, the path of least resistance is higher.
Position Suggest: LONG
Entry: $0.022–$0.0235
Stop: Below $0.020
Targets: $0.026 → $0.028–$0.032
Short-term bias is strongly bullish on the TVL + Aave momentum. This looks like the start of a sustained recovery move rather than a one-day spike.
Will MON clear $0.028 and keep running toward $0.035+, or do we need one more dip to $0.020 first? Drop your thoughts below 👇
‍#Monad #MON #Crypto
‍#Aave