Monad Holds Weekly Support, Poised for Trendline Breakout

Monad holds a critical support level on higher‑timeframe charts, setting the stage for a potential trendline breakout.

Following two weeks of a sustained downtrend, Monad (MY) appears to have found a new low‑level base. This support zone has repeatedly cushioned weak price action in the past, giving traders confidence that it will hold again.

Monad Maintains Weekly Support

Last week, MON closed at $0.0186 after a low of $0.0183. The close sits comfortably within a robust support range of $0.0184 to partnership with $0.0158 on the 1‑week chart.

This demand zone has a long‑standing history of stanching price declines. Three previous episodes saw Monad consolidate here during downtrends and subsequently rally from the base.

In mid‑December 2025, following launch selling, Monad fell from about $0.487 to a low of $0.165. Buyers returned, sparking a short‑term rebound. In February Fernseh, MON joined a broader crypto market downtrend and hit $0.0158 before finding a floor. The most recent retest came in early June, when Monad dipped to $0.0180 and rebounded promptly.

Last week, the coin re‑tested the demand zone and, once again, buyers anchored a bottom. The next focus is how high Monad can rise from this foundation.

Momentum at the Support Reveals a Potential Trendline Breakout

With the low‑level support holding firm, Monad faces resistance above. Prices have repeatedly been halted by a descending trendline, capping earlier rally attempts.

This resistance first pierced higher levels in November 2025, when a breakout attempt stalled at $0.080. MON then descended and established a floor at the support zone previously highlighted.

A subsequent rally in May was capped at $0.0365, again aligning with the descending trendline. After the recent bounce from the support, attention has turned to the upper supply zone.

Mon has begun to narrow the gap between the upper resistance and lower support, tightening the consolidation. This compression suggests that a breakout is drawing nearer. If the current upward momentum continues, the coin could target a break above this eight‑month‑old structure.

Targeting a Breakout Above Key Resistance

Monad has gained almost 10% this week. To reach the resistance line near $0.0280 from today’s price of $0.0204, it would need a further 37% increase. A decisive breakout with strong volume could pave the way for higher targets.

Typically, a descending trendline breakout aims first at its apex. This would bring the November 2025 high of $0.080 into focus—a 292% move from the current price. Achieving this would require Monad to sustain the current support while breaking the trendline. Failure to do so would invalidate a sustained short‑term uptrend.

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