MON today's trend remains weak, with the 1-hour level quote at 0.02723, down 1.48%. Overall, there are no signs of a reversal in the bearish trend, which has already run for 16000 candles. The pressure from subsequent rebounds is considerable.

From a technical perspective, support levels are at 0.02714, 0.02539, and 0.02452, while resistance is capped at 0.03000 and 0.03100. The current price is running closely along the downtrend line, meaning any rebound will easily encounter resistance.

From a trading logic standpoint, shorting on rallies remains the main theme. Bears still hold the initiative, and rebounds can be considered as opportunities to enter short positions. However, it should be noted that the support level at 0.02714 is relatively fragile. Once it is broken, it may trigger a more rapid decline. Additionally, the MACD indicator has collapsed 229% over the long term. While this looks unfavorable, it's also necessary to guard against dead cat bounce-type reverse spikes. Dynamic stop loss reference can be set around 0.02745.