$MON is showing bearish pressure after the long liquidation at $0.02854. The setup favors a short trade if price remains below the liquidation level and fails to reclaim resistance.
EP: $0.02840–$0.02860
TP1: $0.02780
TP2: $0.02720
TP3: $0.02650
SL: $0.02915
A clean rejection near the entry zone can strengthen the short setup. If $MON reclaims and holds above $0.02915, the bearish setup becomes invalid. #CFTC proposes crypto exchange framework