Whales Are Diamond-Handing MON Like It's 2013 Bitcoin — Now We Find Out If $0.040 Is Actually in the Cards
Monad (MON) is chilling around $0.035 after an 18% pump in 24 hours, and on-chain data shows whales are stacking sats harder than they've done in three months. Exchange outflows are spiking alongside the netflow reading, which means these sea creatures are moving tokens to cold storage instead of frantically tapping "Sell" like it's a hot potato. The hodl energy is immaculate, to say the least.
Here's the plot twist: MON is bumping into the $0.035–$0.040 resistance zone that absolutely murdered the last local peak. The all-time high of $0.049 sits another 15% above that ceiling. So yeah, whale accumulation looks promising on paper, but the chart is throwing up some "proceed with caution" emojis that we probably shouldn't ignore.
The Accumulation/Distribution indicator is climbing with price, which is structurally bullish for those keeping score at home. Trading volume hit $2.69 billion in the past day, and the Money Flow Index is holding just above 80—capital is flowing in, not rotating out to who-knows-where. Whether this translates into a clean breakout or a high-volume rejection at resistance is the million-dollar question nobody on crypto Twitter wants to answer.
MON is currently trading above the 200-day EMA near $0.0345, so the immediate battle is confirming that level as support. If it holds and price consistently closes above $0.035, the structure builds for a run at $0.040. Clear that on volume similar to today's session, and $0.049 opens up without major obstacles—or
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