MON's trend today remains weak, with a 1-hour level quote of 0.02723 and a decline of 1.48%. Overall, the bearish trend has not shown signs of reversal, having already run through 16,000 candles, and subsequent rebound pressure is considerable.

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

In terms of trading logic, selling on rallies remains the main theme. Bears still hold the initiative, and any rebound can be considered as an entry point for short positions. However, it should be noted that the lower support at 0.02714 is relatively fragile, and once broken through, it may trigger a sharper decline. Additionally, the MACD indicator has experienced a prolonged 229% collapse, which doesn't look favorable, but one must also guard against a dead cat bounce type reversal spike. A dynamic stop loss can be set around 0.02745.