$MON MON is slowly recovering after a sharp drop, and the price is trying to form a stable base again. The candles are closer to the moving averages, which usually indicates the market is calming down and preparing for the next move.
On the 15-minute chart, MON shows brief bursts of buying pressure. Each pullback weakens slightly, which often means buyers are trying to regain control.
On the hourly chart, the trend looks smoother. As long as MON holds above the recent lower zone, it may try to gradually rise again. If momentum strengthens, we could see a slow move toward recent highs.
Short-te