Monad just carved out a fresh all-time low. Caught the top around 0.048—that's where the 4-hour EMA200 tends to kill rallies, especially after a 100% pump when early holders start cashing out post-TGE.

Not much action worth chasing right now. The chart's pretty messy. Probably smart to sit tight for a few days and see if we get a cleaner setup forming. Technically oversold at the moment, but that doesn't mean it's bounce time yet. Structure matters more than indicators screaming buy.

MON3.29%

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GasFeeBeggar

· 9h ago

Monad really dropped the ball this time. I already noticed the 0.048 level a while ago. The early bag holders took some serious losses.

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DegenGambler

· 11h ago

Wait, did Monad hit a new low again? I still want to buy the dip, looks like I’ll have to wait a bit longer... This EMA200 resistance is really annoying, that’s just how it is when early holders are cashing out.

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ForkTongue

· 12-02 21:58

It's the same logic again; the position of EMA200 is indeed holding. Speaking of which, those who caught a falling knife early on are really Rekt now.

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SighingCashier

· 12-02 00:04

Wait, it's hitting a new low again? Monad must be in such despair...

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LiquidityHunter

· 12-02 00:01

The EMA200 resistance level at 0.048 is indeed classic. I've seen the pattern of 100% big pump followed by accumulation and dumping too many times. We need to continue observing the liquidity aspect.

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ProofOfNothing

· 12-01 23:55

I also saw that 0.048 top. Those who did early Arbitrage have all left. There really aren't any opportunities now.

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AmateurDAOWatcher

· 12-01 23:51

This wave of monad has indeed hit hard; the early dumb buyers must have lost what they should have lost.

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FlatlineTrader