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Monad breaks key resistance at $0.0314, signaling bullish trend continuation with possible short-term pullback.

Technical Signals
10 Apr 2026
AMBCrypto
View Source
Bullish
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Monad (MON) has shown strong bullish momentum, breaking past the key resistance level of $0.0314 after steady accumulation and rising trading volume. This breakout, supported by a spike in RSI to overbought levels, suggests strong market conviction but may lead to a short-term correction. The next target zone lies between $0.046 and $0.048, just below the all-time high. Traders should watch the $0.02912 level as a critical support; a drop below it could indicate a retracement or failed breakout, but overall the trend remains positive.

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