Monad Flashes 14% Gains, But That Stubborn $0.025 Just Won't Budge

Monad [MON] mooned its way to fifth place in the daily gains leaderboard among top 200 coins by market cap, surging 14% at press time. Trading volume, however, remained suspiciously calm—because apparently, nobody told the buyers it was party time. Classic sign of a pump with all the momentum of a JPEG collection in a bear market.

Technically speaking, the charts were doing pushups. Since late January, MON has been living its best life inside a rising trend channel on the 4-hour chart. Every time the price gave the lower support level a friendly tap, it bounced back to slightly higher structural levels. The latest bounce came from the $0.021 zone—like a friendly floor that just won't let you fall, unless you're holding LUNA.

Price action flipped above the SuperTrend, whispering sweet nothings about a short-term bullish structure shift. The Bull Bear Power indicator showed more buyers stepping in than sellers, which for once isn't just hopium. If buying pressure keeps showing up to the gym, $0.028 could come into view—though we've learned not to trust charts the same way we trust crypto Twitter threads.

But here's where the plot thickens faster than a DeFi yield farm's terms and conditions: MON needs to break above $0.025 first. That level sits right in the middle of the channel and has been playing bouncer for the past two months—rejecting further appreciation four whole times. (One fakeout doesn't count as a real entry, nice try though.) Breaking this level would finally open the door toward $0.028, assuming $0.028 is also feeling cooperative.

If sellers decide to hold the line at $0.025, MON could dip back to $0.022. The price has been spending more time in the channel's lower band, which isn't exactly a vote of confidence in the bulls. It's giving "tentative bull energy"—like someone who claims they're buying the dip but keeps refreshing CoinGecko instead.

On the network side, things are getting spicy. Social sentiment spiked after an airdrop event where Monad sent tokens to NFT holders and active chain users—because nothing gets crypto Twitter hyped faster than free money, even if it's not real free money. Daily Transactions jumped 14% over three days, climbing from 1.464 million to 1.870 million. Total Transactions hit a new all-time high of 237.9 million, because apparently people are still transacting even when they should be doomscrolling instead.

As the new month kicks off, MON is still stuck below that pesky $0.025 resistance like a meme coin with broken dreams. Sellers are making their presence known louder than a group chat complaining about Solana's latest downtime. Bulls need to push through this level to keep the party going—otherwise it's just another Tuesday in crypto.