That quick drop just finally tore off the market’s “cover.” Right after the sell-off at the open,
$MON was still probing around the high levels again and again. On the surface it looked like it was building up energy, but in reality every time it pushed up, there was no sustained buying—when the price touched a key level, it immediately pulled back. What I saw was insufficient support, not a strong breakout.
I was watching the rhythm of MON, and at around 0.02670 I executed a long. The logic was simple: if the rebound isn’t smooth, volume isn’t keeping up, and there’s heavy sell pressure over