Whale move pushes Monad (MON) up 18%: will it break resistance?


Monad Crypto (MON) is currently trading near the level of $0.035 after an 18% jump in 24 hours, as the data of the large netflow flow on the Internet recorded its highest reading in 90 days, a level that the currency has not seen since its initial launch after launch.

The speed of the flow of the exchange has increased in conjunction with this number, showing a tendency to accumulate in cold pockets instead of preparing for a short sale.

But the problem that was present at the same time is on the pressure of the price of MON which is currently at the resistance area between $ 0.035 and $ 0.040, that is the area that stopped its previous local peak, while the historical record at $ 0.049 is an additional 15% away from this ceiling. Is this accumulation by whales really a preparation for a price explosion, or is the market ahead of technical confirmations?

The Accumulation/Distribution indicator is rising in line with the price, representing a positive reading.

Source: Tradingview

The volume of trade exceeded $ 2.69 billion the previous day, and the Index Flow Index (MFI) maintains its level above 80, indicating that the money is still entering the market and has not started to leave. However, the information on the Internet still does not confirm whether this rise will turn into a clear explosion or will be rejected in the opposition area by the volume of sales.

Will Monad manage to break the $0.040 resistance, or will the “higher price” signals force the price down?

Price analysis starts at the 200-day exponential moving average (EMA 200-day), which is currently near $0.0345. MON is trading above this level, which means that the immediate battle is to confirm this level as a support rather than a price target.

A combination here and a consecutive close above $0.035 will begin to build a system that needs to be established at the $0.040 level.

If MON is able to exceed $0.040 with a trading volume similar to today’s session, the way to a higher peak near $0.049 will be opened without major intermediate obstacles.

If the level of $ 0.035 fails to work as a support after the same push, the liquid pool at $ 0.0293 will be the most important floor, and for breaking, the area of ​​$ 0.023-0.025 will enter the calculations.

Bollinger band signals represent the opposite here. MON has entered an overbought zone and prices are moving higher, which indicates a long consolidation period or a short decline before the next phase.

The position of these groups does not interrupt the bullish trend, but it reduces the current trend. For us, the unaccepted area of ​​the rise is the daily average below $0.0293 and the trading volume, because this would indicate that these shares are driving a movement and not accumulation.

The Monad Ecosystem adds value to the implementation of technology; Neverland, the leading DeFi network protocol, is about to set a record 40 million dollars In Total Value Locked (TVL), the value locked in the combined protocols grew by about 15% this week.

This means that utilities are moving with price speculation, which is a much healthier indicator than price rush based on media size alone.

Missing Monad? The Liquid Chain project raises $700,000 in its first week

The tower rose Liquid Chain It builds an Integrated Liquidity Group that invests in multiple Layer 2 networks, using Chainlink’s Cross-Chain Interoperability Protocol (CCIP) as a communications backbone.

The platform solves a real and costly problem, which is the burden on Layer 2 networks that require manual control, resulting in slippage, delays and risks that enterprise distributors reject.

The Liquid Chain architecture allows users to move assets seamlessly between chains without the need for manual communication, as CCIP handles authentication and message passing downstream.

The project has planned construction financing for the third phase As a reliable solution to the fragmentation problem, it was accepted by the judges of the Convergence competition.

Some notable hackathon posts have focused on real-world asset (RWA) and DeFi systems, giving a consistent signal that Chainlink’s developer team is moving toward academics rather than consumers. The risk of the implementation of CCIP shown by the participants of the hackathon confirms the leadership of Chainlink in cross-chain communication, at a time when the need for stable data stability is breaking records on the Polymarket platform.

A note Whale move pushes Monad (MON) up 18%: will it break resistance? appeared for the first time Cryptonews Arabic.



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