Monad has surged 15% over the past week following a successful defense of the $0.016 major support zone.
On the 4-hour MON/USD chart, the Bull Bear Power (BBP) has flipped positive with expanding green bars.
If MON breaks the $0.025 resistance, the next technical target is the 0.382 Fibonacci level at $0.029.
Monad (MON) is making its move.
After weeks of quietly building beneath the surface of a market distracted by macro turbulence and geopolitical uncertainty, Monad’s price has risen 15%.
This might not be a random pump or speculative noise. From CCN’s findings, this could be the start of something bigger for MON in the long run.
Buying Pressure Intensifies
Monad’s price is showing renewed strength on the 4-hour chart, having recently climbed to around $0.024 and steadily approaching a major resistance zone near $0.025.
This level has previously capped upside attempts.
The current move, however, appears more structured. The market is printing higher lows, indicating consistent accumulation. As a result, bullish momentum continues to build.
Momentum indicators are beginning to confirm the move.
First, the Bull Bear Power (BBP) indicator has turned positive. Green histogram bars are expanding, which suggests buyers are gaining control of short-term price action.
At the same time, the Money Flow Index (MFI) has surged to around 73.38. This indicates strong capital inflows into the asset. In other words, traders are actively positioning for higher prices.
However, the rising MFI also signals that the market is approaching overbought conditions.
Consequently, a brief consolidation or minor pullback could occur before the next directional move.
If bulls successfully break above this level, momentum could accelerate quickly, opening the door to a new short-term trend. Strong buying pressure and rising money flow support this possibility.
Monad Leverage Market Stabilizes
On the derivatives side, liquidation data for Monad shows limited leverage activity as price stabilizes near $0.024.
Recent figures reveal $24.31K in short liquidations against $12.51K in long liquidations, suggesting mild pressure on bearish positions.
Earlier spikes aligned with the November selloff. But current liquidation levels indicate a calmer derivatives market and slower price movement for Monad.
Should this stability persist, it could provide a firmer foundation for the ongoing price recovery in the Monad.
Low leverage activity reduces the risk of sudden liquidations, allowing buyers to gradually accumulate without triggering sharp swings.
MON Price Movement: Rally to Extend
On the daily timeframe, Monad’s price is attempting a fresh recovery, climbing toward the $0.024 resistance zone after weeks of consolidation.
The move follows a gradual MON rebound from the $0.016 support level, where buyers previously stepped in to halt the downtrend.
However, the broader structure still reflects a descending trend, with price moving beneath a falling resistance line since the earlier peak near $0.049. Even so, momentum is beginning to shift.
The Awesome Oscillator (AO) has turned slightly positive, suggesting bearish pressure is weakening for MON.
Meanwhile, the Chaikin Money Flow (CMF) remains negative at -0.12, which indicates that strong capital inflows have yet to return. Therefore, the current rally appears cautious rather than aggressive.
Still, buyers are slowly building strength. If the MON price breaks above $0.024, the next upside target could be near $0.029, the 0.382 Fibonacci retracement level.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
