The Monad (MON) token dropped 13% in the past 24 hours, with annual gains of just 11.58%. The price has fallen into a demand zone where buyers could accumulate, with targets at $0.035 and $0.037. Despite bearish pressure from the Aroon indicator and Parabolic SAR, investors have accumulated approximately $10.46 million worth of MON since September 6, suggesting they view the decline as a buying opportunity. If buying pressure holds, a rebound from this demand zone is likely, but a move toward the ascending support line remains possible if bearish dominance persists.
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