Monad Price Prediction: MON Price Surges 18% as Bulls Target Breakout Above $0.037
The post Monad Price Prediction: MON Price Surges 18% as Bulls Target Breakout Above $0.037 appeared on BitcoinEthereumNews.com.
MON maintains bullish structure with higher highs and EMA support sustaining momentum Open interest rising signals renewed trader confidence and fresh capital inflows Key support near 0.031 holds bullish trend while breakout targets extend higher Monad (MON) has captured market attention after delivering a sharp price rally alongside rising participation. The token now trades at $0.03564, reflecting strong short-term momentum and growing trader interest. Over the past week, MON has gained nearly 34%, signaling a clear shift in sentiment. Besides price strength, derivatives data and capital flows suggest that this move has deeper backing. Consequently, traders now watch whether the rally can extend or cool into consolidation. Bullish Structure Holds Firm MON continues to print higher highs and higher lows on the 4-hour chart. This pattern confirms a strong bullish structure. Moreover, the price remains above key moving averages, including the 20, 50, and 100 EMAs. This alignment reflects sustained upward pressure and healthy trend continuation. Additionally, momentum remains strong, supported by recent impulsive candles. However, the market may experience a short pause. Monad Price Dynamics (Source: Trading View) Such pauses often reset momentum before the next move higher. The key level to watch sits around $0.031 to $0.032. Holding this zone keeps the bullish structure intact. Related: RaveDAO Price Prediction: RAVE Surges 212% as Breakout Triggers Parabolic Rally Above $1 If buyers maintain control, a break above $0.0374 could trigger another expansion phase. Consequently, the next upside targets may extend beyond $0.040. A stronger push could even approach the $0.048 region. Key Levels and Market Behavior Support zones play a critical role in sustaining the trend. The $0.0313 to $0.0318 area stands out as a strong buy-the-dip zone. This region combines Fibonacci support with dynamic EMA confluence. Furthermore, $0.0295 acts as a mid-range cushion if price dips deeper. On…
Filed under: News - @ April 10, 2026 2:25 pm