Date: Thu, Dec 04, 2025 | 04:50 AM GMT
The broader cryptocurrency market is experiencing notable upside momentum, with Ethereum (ETH) up more than 4% in the last twenty-four hours. This market-wide strength has helped several altcoins recover, including Monad (MON), which is trading nearly 5% higher on the day.
But beneath this short-term bounce, MON’s lower-time-frame technical structure is flashing early warning signals. A bearish reversal pattern is taking shape, suggesting that the token may not be entirely out of danger yet.
Source: Coinmarketcap
Double Top in Play?
On the 2-hour chart, $MON appears to be forming a potential Double Top pattern — a classic bearish reversal formation that typically indicates exhaustion after a sharp upward move.
The price recently faced rejection near $0.03314, which aligned perfectly with the 200-period moving average acting as dynamic resistance. This level formed the second top of the structure, triggering a pullback toward the current price region around $0.03067.
Monad (MON) 2H Chart/Coinsprobe (Source: Tradingview)
The appearance of selling momentum right at a significant resistance cluster is one of the earliest signals that buyers may be losing strength.
What’s Next for MON?
If the Double Top continues to develop, MON could revisit its neckline support zone near $0.028. This area has already acted as a strong demand region once, but a decisive drop below it would confirm the breakdown of the pattern.
Such a breakdown could open the door to deeper downside toward the $0.02280 zone — a move that represents roughly a 25% decline from current levels, aligning with the technical implication of a fully played-out Double Top structure.
However, there is still room for invalidation. If MON manages to reclaim the 200 MA near $0.03310 and close above it with strength, this bearish setup could be neutralized, shifting momentum back in favor of the bulls.
For now, MON remains at a technical crossroads. The structure shows early signs of weakness, but the bulls still have a chance to regain control if they defend key levels in the coming sessions.
Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Rebounds to $74K on U.S.-Iran Framework Deal, But Market Skepticism Remains
Bitcoin's recent rise to mid-$74,000 followed a risk asset rally linked to a U.S.-Iran nuclear framework, but skepticism remains due to flat Treasury yields and unchanged gold prices. The core issue of uranium enrichment persists, and while on-chain data shows BTC's gradual advance, options markets reflect doubts about a sustained breakout. Overall, analysts see the rally as temporary, with macro conditions still tight and potential downside risks.
GateNews2h ago
Cardano Traders Watch $0.243 Support Level as ADA Price Faces Critical Decision
Cardano (ADA) is at a crucial support level of $0.243, with potential gains to $0.30 if it holds. A daily close below this could lead to declines toward $0.10. Currently, trading volume is around $500 million, with ADA notably below its all-time high.
GateNews3h ago
ETH/BTC Price Ratio Rebounds to 0.0313 in Q1 2026 as Ethereum User Base Surges 82%
In Q1 2026, the Ethereum-to-Bitcoin price ratio reached a three-month high at 0.0313. Ethereum added 284,000 users and surpassed $180 billion in stablecoin supply. Bitcoin remained strong above $74,000, driven by significant ETF inflows.
GateNews8h ago
Why is Bitcoin up today? Trump says Iran is seeking a truce, and risk assets move higher across the board
On April 15, Bitcoin rebounded about 6% after Trump said Iran is seeking to reach an agreement, breaking above $75,000. Expectations for the resumption of U.S.-Iran negotiations warmed up, lifting Asian stock markets. Technically, roughly $6 billion worth of short positions were forced to close, accelerating the rebound. Analysts said that if the U.S.-Iran situation continues to ease, Bitcoin could break through $80,000, and they predicted it may reach $150,000 by year-end.
MarketWhisper12h ago
Bitmine is promoted to the NYSE main board! Tom Lee: US stocks may be at a bottom, and selling pressure on Ether could ease
Bitmine officially transferred from the NYSE American market to the main board, marking a significant milestone for the company. Despite a sharp drop in its share price, it still increased the share repurchase program to $4 billion. The company holds a large amount of Ether, and expects that a rebound in the crypto market will help improve its assets and share price performance.
CryptoCity12h ago
ETH 15-minute up 0.66%: On-chain large transfers in sync drove a net inflow of funds, boosting spot buying pressure
2026-04-15 00:00 to 00:15 (UTC), ETH shows a local anomaly. The 15-minute return rate is +0.66%. The trading price range is 2321.93–2343.2 USDT, with a range of 0.92%. During this period, market attention increased, volatility slightly intensified, buy pressure in the order book shifted upward in the short term, and quickly pushed spot prices up into a key resistance area.
The main drivers of this anomaly are large on-chain transfers and inflows of capital in combination. At the beginning of the window, multiple large ETH transfers appeared, including 8,676 ETH and 6,551 ETH, respectively, transferring from a large source to the
GateNews13h ago