Monad’s MON token lost approximately 14% of its value between Sunday and Tuesday, falling from around $0.034 to near $0.029. The token dropped nearly 8% on Tuesday alone, hitting a low of approximately $0.0282 amid rising trading volumes. The support zone between $0.028 and $0.029 now represents the first line of defense for buyers. If this level breaks, the next support lies around $0.0265 to $0.027, which would erase much of the late September rally. Despite this sharp correction, MON remains above its moving averages, though buyers have limited room to absorb additional selling pressure.
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