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Home/News Feed/Monad surges 13% amid strong buying but faces resistance near all-time high

MON

Rp299

+Rp24 +8.55%

Monad surges 13% amid strong buying but faces resistance near all-time high

Technical Signals

08 Apr 2026

AMBCrypto

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Bullish

Monad (MON) has gained 13% in the past day, driven by strong accumulation and capital inflows, positioning it among the top crypto performers recently. Key indicators like the Accumulation/Distribution and Money Flow Index show continued investor buying, supporting upward momentum. However, MON faces a significant resistance zone that could limit further gains or trigger a pullback, as suggested by overbought signals from the Bollinger Bands. A breakout above this resistance could pave the way for a 56% rally to a new all-time high, but this depends on sustained bullish sentiment and continued strong inflows in both spot and futures markets.

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