2025-12-25 04:23:14

Monad($MON) Technical Breakdown: Airdrop Pressure Weighs on Recovery

Monad currently trades at $0.0201, down 1.17% over the last 24 hours and declining 30% on the monthly chart. The project faces multiple headwinds that keep it locked in bearish territory.

From a technical perspective, the token sits below key moving averages and has failed to reclaim the $0.018 support level—a critical signal of weakening demand. What's amplifying the selling pressure? Airdrop overhang. Early recipients have dumped approximately 30% of the circulating supply, creating sustained downward momentum that's hard to reverse quickly.

The broader market sentiment isn't helping either. Bitcoin dominance stands at 59%, while the Crypto Fear Index sits at 27, indicating altcoin traders remain defensive. This risk-off environment typically favors BTC accumulation over alternative layer-1 plays.

Key resistance and support levels remain crucial to watch as Monad navigates this consolidation phase.

MON18.49%

BTC0.88%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
5
Repost
Share

Comment

0/400

BoredRiceBall

· 2h ago

30% of the supply dumped, how absurd is this airdrop logic, early beneficiaries just ran away MON's broken trend really shows no hope, down 30% in a month and still falling... Wait, BTC dominance is already at 59, who still dares to touch layer-1 trash coins... Bottom-fishing? Forget it, better wait for the panic index to drop first This broken support can't hold, 0.018 is useless, the technical outlook is just two words—despair

View OriginalReply0

StablecoinGuardian

· 2h ago

With such airdrop pressure and 30% circulating supply dumping, does $MON still want to rebound? Dream on.

View OriginalReply0

quietly_staking

· 2h ago

This round of MON is really a textbook example of airdrop dumping... 30% of the supply dumped, who can withstand that? Everyone has moved to Bitcoin, now playing altcoins really depends on your mindset. Wait, can't even hold 0.018? How strong does the rebound need to be? Another excuse for consolidation, can't you just be straightforward and say it's a bottom-fishing opportunity?

View OriginalReply0

MEVHunterWang

· 2h ago

Airdrop dumps again, same old trick... This time, 30% of the circulating supply was dumped all at once. No wonder MON is so struggling.

View OriginalReply0

SorryRugPulled

· 2h ago

Mon has dropped again. The early airdrop folks are really something, directly dumping 30% of the circulating supply... This is outrageous. Bitcoin dominance is so strong, who would still pay attention to small coins? Everyone is just holding onto BTC. The support level has been broken again. Whether it can hold above 0.018 this time is really uncertain.

View OriginalReply0