2026-01-14 20:22:48

Shitcoins' rallies have never been a benefit for retail investors; frankly, they are just a way to hand over the 'bag holder.'

This morning, MON suddenly surged fiercely, jumping from 0.02240 straight up to 0.02397, a 7.14% increase. The comment section immediately exploded with calls like 'Finally, a rebound' and 'Full position entry.' But I looked at the exchange backend data and saw the trick — behind this rally, a certain anonymous whale just dumped 12 million short positions to lure in retail investors, who chase in today, only to be tightly trapped by the afternoon.

**No positive news, yet it surges out of nowhere**

There are no real positive developments for MON today. No community updates, no official announcements, but the exchange's large transaction data tells a different story — between 0.02380 and 0.02397, suddenly 1.8873 million coins were 'actively bought,' followed immediately by 2.7981 million coins of 'passive sell orders' being absorbed. This is the classic 'self-buy, self-sell to create hype' tactic that seasoned traders understand.

A deeper look on the chain reveals more — within the last two hours, three addresses transferred a total of 6.67 million MON to the exchange. These addresses are the same 'old main players' who dumped the market last week. A rally without news is always about finding bag holders; this hype from start to finish is fake.

**Technical signals have been flashing red for a while**

Looking at the 4-hour K-line chart makes it clear. The orange resistance line is firmly pressing down on the price. This rebound didn't even touch the edge of the resistance line — a typical 'bouncing around in a downtrend.' The RSI indicator is also very telling, showing no signs of oversold reversal. This isn't a rebound; it's the main players hunting.

MON-9,5%

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GateUser-91f31ab3

· 4h ago

Are you serious? Is the entire internet's transaction volume of tens of millions of dollars just to sell a few hundred thousand coins? Tens of thousands of dollars?

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OnchainHolmes

· 6h ago

It's the old trick again. MON is directly treating retail investors as leeks this time, artificially pumping without any positive news. Isn't this just setting a trap to fish for profits? --- Brothers who went all-in this afternoon will be crying soon. The resistance line hasn't even been broken, and they still expect a rebound. The technicals are in terrible shape. --- I've seen too many cases of buying and selling by the same entity. 6.67 million coins were thrown in just to harvest leeks. This main force is the same group as last week. --- RSI shows no signs of being oversold but is still jumping. This is the main force hunting, and the bagholders should be alert. --- Price increases without news are all traps. On-chain data reveals the truth once checked. This wave of hype is fake to death. --- Looking at this data structure, I know what's going on. 12 million short positions are fishing there, waiting for today's chasing high buyers to come and eat. --- Here comes the "finally waiting for a rebound" routine again. Someone always falls for it every time. Forget it, no need to remind anymore. --- The resistance line is pressing down on the price, preventing it from bouncing out. The 4-hour chart also indicates this is a false rebound. Wake up, everyone.

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ZeroRushCaptain

· 6h ago

It's the same old trick, retail investors are still cheering, but it should hit the daily limit down this afternoon. I bet five bucks that tomorrow these people will either cut losses or get trapped, but anyway, we won't be the ones eating the meat.

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IntrovertMetaverse

· 6h ago

Here comes another trap to catch the falling knives, retail investors are always caught in the trap. Have you seen those coins that only pump when there's good news, purely buying and selling to create fake hype. People going all-in should regret it this afternoon. Bro, looking at the K-line chart is just amazing, the resistance line is completely blocked, this rebound is just playing with you. RSI hasn't moved at all, any overbought reversal is just a trick. Main players are fishing, retail investors pull the trigger and get hooked, an eternal story. This wave of MON is purely a hunting ground for the main players, let's not join the fun.

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WinterWarmthCat

· 6h ago

Looking at these data, it's really bleak. The scheme of buying and selling oneself has been played for so long, and some people still fall for it. It's those veteran main players joking around again. Retail investors, just don't join the fun. I really don't understand this MON coin. Without any positive news, why try to artificially boost it? It's time to cut losses this afternoon. Early investors should be cautious. The candlestick hasn't even broken through the resistance line, so what's the rebound about? Truly deceiving oneself.

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