MoneyByte (MON)

Somebody has a high level $MON thesis?

If there is one thing I understand about crypto it's that I don't understand monad:native short term price action

Long term $1 is locked in so I'm not bothered https://t.co/QAvIp25Koh

monad:native

Hello,

Around the green box ($0.017 level), with the LTF confirmations I see, I might consider a bullish trade. I’m not placing a preemptive order but setting an alarm because the market isn’t bullish.

Around the blue box ($0.026 level), with signs of weakness or a deviation above the blue box, I might consider a bearish trade.

Note: While I’m not recommending it, those who think about preemptive buying/selling could start with a half R and move to a full R after confirmation. I also use this strategy sometimes, but I more often apply it on pairs I trade frequently and know well, such as $BTC, $ETH.
In a bearish market, taking bullish actions on the spot is also an intelligent option for friends with less experience.

Wishing everyone a good week.