#MONUSDT 4h / qm
Monad / USDT MEXC:MONUSDT
#MONUSDT 4h
#MON has formed bullish patterns.
After getting confirmation from any of the blue zones, you can consider entering a long position and expect at least a 2R or 3R reward from this setup.
For me, zones 2 to 4 are more attractive.
Confirmation:
After price reaches the zone, on the 1-hour timeframe, either the last bearish candle gets engulfed (riskier entry) or price crosses the 10-period moving average.
We'll keep an eye on it.
MON