$MON Update: Liquidation Hunt Complete? 🩸

MONUSDT

Perp

0.02026

+3.57%

We just saw a massive amount of leverage flushed out. From a technical standpoint, $MON is finishing its LTF descending channel.

I believe we are currently at the local bottom.

The Plan:

1️⃣ Reclaim local resistance.

2️⃣ Brief accumulation phase.

3️⃣ Expansion into the 3rd Leg.

Charting both LTF and HTF setups below 👇

#MON #Monad #CryptoAnalysis