Monad (MON) Breaks the Airdrop Curse With 35% Surge: What’s Next?
Monad’s MON token had an unusually robust launch. It jumped greater than 35% inside a day, regardless that most new airdrop-led TGEs fall rapidly in weak markets. But the early pleasure is slowing.
Possible promoting from airdrop claims, decreased perp publicity, and mushy quantity now put short-term stress on the Monad worth prediction chart.
With virtually no long-term historical past, MON nonetheless trades in launch situations, so short-term alerts matter greater than ordinary.
Perp Traders Turn Bearish?
Perpetual positions are the cleanest early sign for MON as a result of most contemporary liquidity flows via perps during the first days of trading. These strikes usually lead the Spot worth, particularly when volatility is high.
In the previous 24 hours, the bias has turned bearish.
Top 100 addresses or mega whales minimize internet lengthy publicity, a 118% drop, which reveals they’re closing lengthy positions quicker than earlier than. A 118% drop means internet lengthy positions flipped detrimental, displaying robust place cuts.
Smart Money stays in a detrimental place of $103.94 million (short-biased), a pointy 628% decline, which alerts a robust bearish tilt from the most effective merchants.
Whales remained internet detrimental, however they confirmed one optimistic shift with a 676% enhance in long-side changes. This doesn’t flip the bias, nevertheless it reduces the draw back weight barely. Do word that regardless of the enhance, the internet whale positions are short-biased.
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Together, these adjustments present that aggressive gamers are trimming upside danger whereas volatility stays high. That units the tone for the remainder of the worth evaluation.
Big-Money Flow Weakens on the 1-Hour Chart
Because MON launched on November 24 and has little or no historical past, the one-hour chart is the greatest approach to learn early energy or weak point. Lower time frames matter extra throughout these intervals as a result of order books are skinny, liquidity is uneven, and every transfer creates outsized reactions.
Big-money move is mushy. The CMF tried to rise on launch day, nevertheless it failed to interrupt its higher trendline and has been slipping since. CMF reveals whether or not massive consumers are supporting the worth. Its failure to carry upward momentum means massive wallets should not rising stress behind the bounce. For bullish continuation, CMF should break above its trendline and maintain there.
Volume tells the identical story. On-Balance Volume tracks whether or not actual participation is rising. OBV has not damaged down but, nevertheless it retains flattening. Every time OBV has dipped, MON has seen sharp one-hour drops of just about 20% to 21%.
The present slope is weak, and OBV has didn’t make a better high. If this pattern persists, the worth is vulnerable to one other quick correction.
These two alerts line up with the perp information: cautious Monad merchants are moving into the quick territory, and the spot chart is shedding regular help.
Key Monad Price Prediction Levels To Watch
Monad (MON) trades in a decent band, and each outcomes stay shut
To flip momentum upward, the worth should shut above $0.044. This stage sits above the latest consolidation vary. A clear transfer above it opens the subsequent window at $0.049, however this requires rising OBV and a CMF breakout. Without that, upside stays weak.
On the draw back, the key stage is $0.029 on the 4-hour chart. An in depth under this line exposes $0.023, which marks virtually a 25% drop from present costs. This stage acted as the base right after the airdrop liquidity hit exchanges, and breaking it reveals that promoting from new recipients continues to be energetic.
With greater than 10.8 billion tokens unlocked and lots of wallets nonetheless shifting funds to exchanges, sharp swings can repeat.
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