Markets· ★★· neutral·

Monad Jumps 13.9% Over the Weekend, but Traders Call MON 'an Easy Token to Short'

  • —MON gained 13.92% over the weekend, rising from $0.0245 to $0.0279
  • —MON is down 21.3% since Oct. 5 after rejection at the $0.033 supply zone
  • —Altcoin market cap has risen 2.88% to $1.13 trillion since Oct. 9
  • —A breakdown below $0.0209 would signal a bearish shift in daily structure
Why it matters: November's token unlock could add selling pressure, while the $0.030–$0.033 zone will dictate MON's next directional move.
Source: AMBCrypto