Monad (MON)

Overlapping profiles and $MON trade One thing you'll notice when you check the MONs chart is multiple days of overlapping profiles (and VAs). It means the market is in balance. Buyers and sellers are roughly in agreement on "fair value" across that price band. Some might say it's classic consolidation (or rotation) - price level is acceptable, so it hangs there for a while When price breaks and accepts outside the overlapping zone, it signals a shift in perception of value. One side has won the auction. The market is now searching for new fair value or just new liquidity in that direction. In our case with MON, we had a sweep of the lows a day before, which already gives you a better RR to the upside with clear invalidation at the lows and the idea that we rarely have two deviations so a move outside of value = something its worth getting behind With MON we had a clean nPOC above us, with also some more important levels on HTF. If you only traded the flip of the multi-day range high, it gave you a good 5% move. In market conditions as we are now, there is far more chance of liquidity grabbing than establishing value in a higher channel, so that's an easy TP without fearing price running higher without you. Trade was executed in the group this week ✅

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