$MON3S /USDT
Current Price: ~1.58 USDT
24H Move: ~-2.2% (from the chart)
Trend Context: Short-term exhaustion after a strong intraday push.
Market Structure Insight
Price previously rallied hard from ~1.30 → 1.67, showing strong momentum.
At 1.67, price faced clear rejection (long wick + bearish follow-up candles).
On the 1H timeframe, momentum is shifting bearish:
Lower highs forming
Weak bounce attempts
Sellers stepping in after the failed breakout
This looks less like consolidation and more like a pullback turning into a deeper correction unless bulls reclaim key levels quickly.
Key Level