Monad Chart Update: Why The Structure Holds
1 extracted signal · 0 resolved · 1 still active
Crypto ArchieIndependent analyst profile- Source published
- 15 Oct 2026, 14:00 UTC
- Recorded by Tahlil Plus
- 15 Oct 2026, 15:51 UTC
AI-generated source summary
The analysis focuses on MONUSDT, observing a formation of higher lows since June of this year. Despite experiencing significant dips, the overall structure is considered technically bullish. The price has been making higher highs and higher lows, indicating a positive trend. However, there is substantial resistance observed around the 0.03000 to 0.03500 level, which previously acted as a value area and a rejection zone. The price is currently testing a support level around 0.01800 to 0.02000. The base case scenario for this analysis is a break above the resistance level, suggesting further upward movement. If the price manages to hold the current support and form a higher low, the bullish outlook will be reinforced. The primary resistance to overcome is identified around the 0.03000 mark.
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