$MON /USDT perpetual contract data on Binance. Let’s break down what all of this means and give you a sense of whether a long might make sense.
Current Snapshot:
Last Price: $0.01994
24h High / Low: $0.01998 / $0.01802
24h Volume: 1.14B MON / 21.59M USDT
Mark Price: $0.01993
Price Change: +10.23% (24h)
Observations:
Momentum: A +10% move in 24h is strong, showing buyers are currently in control.
Support / Resistance:
Support seems around $0.0180 (the 24h low).
Resistance is near $0.01998 (the 24h high).
Short-Term Trend:
On a 15m–1h chart, it looks like there’s an upward momentum forming.
Long Consideration:
Entering a long now could ride the bullish momentum, but keep in mind:#TSLALinkedPerpsOnBinance #SouthKoreaSeizedBTCLoss
