$MON - Rounded Bottom FormationMON / TetherUS PERPETUAL CONTRACTBINANCE:MONUSDT.PTealstreetMONUSDT | 1D The chart is finally starting to show signs of a strong recovery. Rounding Bottom Formation Price has developed a clear U-shaped accumulation phase, suggesting that selling pressure has been absorbed and accumulation is likely taking place. Breakout Level: Price has broken above its local resistance around 0.030, which is now acting as a key support zone for continuation. We could still see a push toward 0.034–0.035 in the short term. If we get a slight rejection there but price manages to hold 0.029–0.027, that would confirm a clean breakout and successful retest. Potential targets: 0.038–0.040 0.045–0.050 Invalidation: The thesis is invalidated if price drops below 0.0245