斗兽场-cash #MON 05-20 14:26

Many of you are tracking MON and noticing it is moving pretty slowly right now. The price action is compressing, and we are reaching a decision point.

A successful reclaim of the 0.027087 level will open the gates and likely lead us straight to Target 1. On the other hand, if we face a decline and the support fails to hold, it could slide down and hit our Stop Loss.

Getting stopped out is always a normal part of risk management, but naturally, we prefer to see that resistance flip into support.

Right now, the clock is ticking. In exactly 7 hours and 8 minutes, we will get the macro data and see how Bitcoin reacts.

This upcoming Bitcoin move will be the deciding factor that dictates whether our Limit Setup and the active MON trade remain in play or if we need to adjust our positions.

Stay patient, do not overtrade, and let the market show its hand first.

Cheers to all.

#TraderCash 💰
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