MON tested the 0.02937 support level again and looks like it's holding. Four-hour RSI dipping near 30—classic oversold territory. Today's bounce shows some strength coming back. Could be worth watching for entry points on the next leg down if this support continues to hold up.

MON-16.69%

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MechanicalMartel

· 12h ago

0.02937 This support level has held again, quite interesting.

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ChainChef

· 23h ago

ngl the recipe's looking halfway decent here... support holding at 0.02937 is like when your stock simmers just right, not collapsing into mush. rsi at 30 screaming oversold but tbh i've seen this sauce break before the seasoning kicks in. bounce today feels... warm? might marinate longer before i plate this one up

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AirdropHuntress

· 23h ago

Whether the support level can hold depends on whether there are institutions following after this rebound. The data indeed shows that it is oversold, but don't be fooled by the rebound.

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MercilessHalal

· 23h ago

It's a good thing that the support hasn't broken, but don't be fooled by the rebound; entering the market with such a low RSI can also easily get you hammered.

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MEVHunter