Monad slides 13% in 24 hours as $10.46M accumulation points to possible rebound
- —MON dropped 13% in 24 hours; yearly gain stands at just 11.58%
- —$10.46M of MON accumulated since September 6; spot netflow at -$1.21M
- —Potential rebound targets are $0.035 and $0.037
- —Aroon Up at 72.7% versus Aroon Down at 27.5% signals lingering bearish pressure
Why it matters: Accumulation in the demand zone could halt MON's slide, but a break of support would open further downside.
Source: AMBCrypto