Monad has flipped resistance into support | Credit: Veronica Cestari
Share
Key Takeaways
MON has surged 22% in the last 24 hours, breaking above a month-long resistance zone.
Multiple technical indicators suggest this is a structural shift rather than a temporary spike.
If the price remains above the $0.026 support, Monad could extend its rally toward the $0.030.
Monad (MON) has entered the new year with a show of strength, staging a 22% rally over the last 24 hours after finally breaking above a long-standing December resistance level.
The move follows weeks of tight compression and repeated failed attempts to move higher.
With MON’s price now holding above a key support zone and indicators turning bullish across multiple timeframes, the breakout is shaping up as more than a short-term spike,
What’s next for Monad’s price?
Monad Reverses Bearish Trend
On the 4-hour chart, the Awesome Oscillator (AO) supports this upside bias.
MON is printing consecutive green histogram bars above the zero line, signaling strengthening bullish momentum.
This shift indicates that buyers are regaining control after weeks of consolidation, with momentum expanding rather than fading.
Get These Top Crypto Casino Offers Now!
Sponsored
Disclosure
We sometimes use affiliate links in our content, when clicking on those we might receive a commission at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy.
The Moving Average Convergence Divergence (MACD) further confirms the bullish structure. After a bullish crossover, the 12-day EMA continues to diverge above the 26-day EMA, while the MACD histogram prints green bars.
This setup suggests sustained upside pressure and growing trend strength, rather than a temporary bounce.
Monad’s price has flipped prior resistance into support around the $0.025 to $0.026 region.
As long as the price holds above this zone, the breakout remains structurally intact. Furthermore, this might open the room for a push toward the $0.030 psychological level in the near term.
Overall, indicators suggest that MON’s recent surge forms part of a broader recovery phase, with bulls in control unless the price slips back below the reclaimed resistance.
MON Breaks Key Resistance
The daily chart shows that Monad’s price has broken above a significant resistance level, a zone that previously rejected price action on multiple attempts.
This breakout confirms a shift in market structure, with buyers finally overpowering long-standing sell pressure.
At the same time, the Money Flow Index (MFI) has risen and now stands at 78.46, approaching the overbought region, indicating a substantial influx of capital into the asset.
In addition, the Bull Bear Power (BBP) reflects this momentum, with the indicator holding firmly in positive territory and expanding.
This suggests bullish pressure continues to outweigh bearish forces, reinforcing the strength behind the recent breakout.
Over the past few weeks, similar BBP expansions have often preceded sustained upside moves, provided broader market conditions remain supportive.
What’s Next For Monad Price?
The Fibonacci retracement levels, as shown above, offer a clearer view of the following technical targets.
At the time of writing, MON’s price trades around $0.026 and continues to trend toward the 0.382 Fib level at $0.029.
A sustained break above this zone would strengthen the bullish case. This would also confirm that buyers are in control of the current trend.
If Monad’s price manages to flip the $0.029 region into support, it could pave the way for continuation toward higher retracement levels.
However, rejection at this level likely triggers a consolidation phase, as the market reassesses demand.
For now, the price action around the 0.382 Fibonacci (Fib) level remains a key test for the durability of the ongoing breakout.
Interestingly, this outlook aligns with comments from crypto analyst Donalt, who pointed to the $0.025 level, the project’s ICO price, as a critical point for MON.
“Close above $0.025 (ICO price) and I think the bears start running out of narratives. It would start looking like ICO participants got shaken out into a reversal. I generally like this one. I think if the crypto markets do well, this will be one of the better performers in 2026,” he said.
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.
