Monad Price Faces Boxing Day Test After 29% Rally
The post Monad Price Faces Boxing Day Test After 29% Rally appeared on BitcoinEthereumNews.com.
Monad (MON), the relatively new layer-1 project, is up more than 29% in the last seven days. The Monad price even broke out of an inverse head and shoulders pattern on December 24. For a moment, it looked like the breakout was ready to stretch higher. But the reaction since then shows pressure building. Three signals, big money, spot flows, and derivative positioning now suggest this rally could struggle as the market moves into Boxing Day (the day after Christmas). Sponsored Breakout Holds, But Capital Flow Weakens The breakout is real. Monad cleared the neckline of the inverse head-and-shoulders pattern and broke above the descending neckline, which typically indicates seller-dominated resistance. The price did react, but long wicks on recent candles show sellers pushing back. Long wicks are usually a sign that supply is waiting overhead. The Chaikin Money Flow (CMF), which measures whether bigger capital is supporting a move, tried to break above the zero line when the breakout happened. It failed. CMF has now trended lower, while the price has risen. Breakout attempts with CMF stuck under zero are often built on weak funding or small buyers. The last time CMF failed above zero and dipped was on December 11, and the price dropped soon after. Monad Breakout Amid Weak Capital Flow: TradingView Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. Spot behavior confirms this imbalance. Sponsored Since December 22, net flows have flipped from more than $1 million in outflows to roughly $2 million in exchange inflows, suggesting profit taking. Spot Selling Grows: Coinglass A breakout without capital commitment from CMF and with rising spot inflows usually hints at a stall. Derivatives Positioning Shows A Reversal In Mood The derivatives side explains the hesitation. Over the last seven days, smart money…
Filed under: News - @ December 25, 2025 2:15 pm