MON is currently in a bottoming phase, having dropped about ten times from its high point. From a technical perspective, 0.019 is a price range worth following for entry.
In terms of trading strategy, short-term traders can pay attention to the selling pressure after the listing, setting 0.015 as a defensive line. Long-term holders can gradually build positions within this range without excessively pursuing stop-loss points.
It should be noted that the bottom range is often accompanied by high volatility. Cautious investors may wait for clearer upward signals before participating; traders who are confident in the market can gradually position themselves at low points. The key is to develop a clear entry and exit plan based on one's own risk tolerance.
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GasFeeTherapist
· 8h ago
The tenfold fall is a bit outrageous, I feel that 0.015 is the real bottom...
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FlashLoanPrince
· 12-21 05:51
A tenfold fall, how desperate this must be... However, there should indeed be a market at the bottom, it just depends on who can seize the opportunity.
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AirdropDreamBreaker
· 12-21 05:43
It has fallen ten times and is still talking about the bottom; this round will probably fall again.
MON is currently in a bottoming phase, having dropped about ten times from its high point. From a technical perspective, 0.019 is a price range worth following for entry.
In terms of trading strategy, short-term traders can pay attention to the selling pressure after the listing, setting 0.015 as a defensive line. Long-term holders can gradually build positions within this range without excessively pursuing stop-loss points.
It should be noted that the bottom range is often accompanied by high volatility. Cautious investors may wait for clearer upward signals before participating; traders who are confident in the market can gradually position themselves at low points. The key is to develop a clear entry and exit plan based on one's own risk tolerance.