MON's trend today remains weak, with the 1-hour level price at 0.02723, down 1.48%. Overall, there are no signs of reversal in the downtrend, which has already run through 16000 candles, and subsequent rally pressure 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 tightly along the downtrend line, meaning any rally will likely encounter resistance.

From a trading logic standpoint, selling on rallies remains the main theme. Bears still hold the initiative, and rallies can be considered entry points for short positions. However, note that the lower support at 0.02714 is relatively fragile; if broken, it could trigger a sharper decline. Additionally, the MACD indicator is down 229% long-term, which looks concerning, but be cautious of dead cat bounces with potential sharp reversals. Dynamic stop-loss can be set around 0.02745.