MON current quote is 0.02616, and the 15-minute K-line trend is at a critical game stage.
The truth of the upward momentum lies in the data. The 4th K-line has become the engine of this wave of rise—single candle increase of 2.95%, volatility of 3.92%, and trading volume suddenly surged to 113 million, clearly exceeding normal levels. This volume spike usually indicates that large funds are quietly building positions. Although the price retraced afterward, it remains above the body of the bullish candle, indicating that buying interest below has not dissipated, which is a normal technical resistance.
From the cycle data, the average fluctuation amplitude is 1.32%, currently at a relatively high level, showing an overall consolidation pattern. Two trading strategies can be considered:
**Aggressive approach**: If the price can hold above 0.0246 and volume increases, consider small-scale follow-up, with short-term attention to the previous high around 0.0350. However, this approach carries higher volatility risk and requires sufficient psychological resilience.
**Conservative approach**: Focus on the 0.0244 level (the starting point of the previous bullish candle). Once support is established here, and combined with bullish patterns, this is a more reliable entry opportunity.
It is especially important to pay attention to the latest K-line—the body is very small, with only 0.04% fluctuation, indicating that buyers and sellers are temporarily balanced at this point, and the market is brewing its next move. If volume surges and the price breaks below 0.0242, the short-term bullish momentum may weaken. Be sure to set stop-loss levels in advance, monitor volume changes closely, as the main force’s steps are right there.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
4
Repost
Share
Comment
0/400
OvertimeSquid
· 11h ago
Wait, is the trading volume surging and large funds building positions? It looks more like a shakeout to me. This manipulation trick is really clever.
View OriginalReply0
SillyWhale
· 11h ago
It's the same story of large funds building positions again, always said to be terrifying, but what’s the result?
View OriginalReply0
MetaMisfit
· 12h ago
Consolidation, consolidation, it's the same pattern again. Are large funds really quietly accumulating chips?
View OriginalReply0
BearMarketMonk
· 12h ago
It's the same story of "big funds quietly accumulating," I've heard it too many times.
The true bottom logic is never so lively; increased volume is often a smoke screen for retail investors to take the bait.
That 0.0244 level, to put it nicely, is support, but in reality, it's the consolidation zone where the last round of panic selling occurred—that's the market's cyclical irony.
MON current quote is 0.02616, and the 15-minute K-line trend is at a critical game stage.
The truth of the upward momentum lies in the data. The 4th K-line has become the engine of this wave of rise—single candle increase of 2.95%, volatility of 3.92%, and trading volume suddenly surged to 113 million, clearly exceeding normal levels. This volume spike usually indicates that large funds are quietly building positions. Although the price retraced afterward, it remains above the body of the bullish candle, indicating that buying interest below has not dissipated, which is a normal technical resistance.
From the cycle data, the average fluctuation amplitude is 1.32%, currently at a relatively high level, showing an overall consolidation pattern. Two trading strategies can be considered:
**Aggressive approach**: If the price can hold above 0.0246 and volume increases, consider small-scale follow-up, with short-term attention to the previous high around 0.0350. However, this approach carries higher volatility risk and requires sufficient psychological resilience.
**Conservative approach**: Focus on the 0.0244 level (the starting point of the previous bullish candle). Once support is established here, and combined with bullish patterns, this is a more reliable entry opportunity.
It is especially important to pay attention to the latest K-line—the body is very small, with only 0.04% fluctuation, indicating that buyers and sellers are temporarily balanced at this point, and the market is brewing its next move. If volume surges and the price breaks below 0.0242, the short-term bullish momentum may weaken. Be sure to set stop-loss levels in advance, monitor volume changes closely, as the main force’s steps are right there.