Monad’s early December run has lost its momentum. The token surged more than 51% between December 1 and 3 but failed twice at the same level, forming a clean double top that usually signals exhaustion. At the same time, the Monad price indicators that normally support a continuation have flipped, showing that large buyers, smart-money traders, and derivatives participants are stepping away. With support thinning and liquidity leaving the order books, Monad (MON) is inching toward lows last seen on the listing day
source: https://beincrypto.com/monad-price-big-move-risk-one-critical-support/