The chart is mixed right now, so patience is justified unless a better entry appears.
In the current Sideways Quiet regime, the best-fit approach is Range trading / mean reversion. The market is balanced and relatively calm, which tends to reward mean-reversion behavior and range trading more than breakout chasing.
Monki Business support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.
| Level | Zone | Strength |
|---|---|---|
| Support 1 | $0.0₅6071 - $0.0₅6223 | |
| Support 2 | $0.0₅5822 - $0.0₅5906 | |
| Support 3 | $0.0₅5717 - $0.0₅5800 | |
| Resistance 1 | $0.0₅8051 - $0.0₅8213 |
MONKI clears the resistance zone at $0.0₅8051 - $0.0₅8213 and holds above it. That would strengthen the breakout case and shift attention to $0.0₅8051 - $0.0₅8213.
MONKI loses the support zone at $0.0₅6071 - $0.0₅6223. That would weaken the setup and open the way toward $0.0₅5822 - $0.0₅5906.
MONKI continues trading between $0.0₅6223 and $0.0₅8051. In that case, range-trading conditions remain active.
Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.
| Indicator | Value | Signal | Interpretation |
|---|---|---|---|
| SMA50 | $0.0₅8384 | Bearish | MONKI is trading below the 50-day average. |
| SMA200 | $0.0₅7092 | Bullish | MONKI remains above the long-term trend line. |
| EMA50 | $0.0₅8275 | Bearish | MONKI is trading below the 50-day exponential average, which weakens the recent trend. |
| EMA200 | $0.00002863 | Bearish | MONKI is below the 200-day exponential average, which keeps the longer-term structure under pressure. |
| RSI (14) | 23.64 | Oversold | RSI (14) is depressed at 23.64, which suggests downside momentum may be getting exhausted. |
| Stoch RSI (14) | 0.00 | Oversold | Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme. |
| MACD | -1.611e-7 | Bearish | MACD is below its signal line. |
| ATR | 1.30% | Quiet | Volatility is below its 180-day median. |
| VWMA | $0.0₅8757 | Bearish | Price is below the volume-weighted average. |
| Commodity Channel Index (20) | -96.62 | Neutral | CCI (20) is at -96.62, which keeps price relatively close to its recent average. |
| Awesome Oscillator (5, 34) | $-7.495e-7 | Bearish | Awesome Oscillator is below zero at $-7.495e-7, which supports bearish momentum. |
| Williams Percent Range (14) | -82.53 | Oversold | Williams Percent Range (14) is near the bottom of its recent range at -82.53. |
| Bull Bear Power (13) | $-2.571e-7 | Bearish | Bull Bear Power (13) is negative at $-2.571e-7, which suggests sellers are controlling price relative to the EMA baseline. |
| Ultimate Oscillator (7, 14, 28) | 21.80 | Oversold | Ultimate Oscillator is weak at 21.80, which suggests multi-timeframe downside momentum may be stretched. |
| Hull Moving Average (9) | $0.0₅7987 | Bullish | MONKI is trading above the Hull Moving Average (9), which supports the near-term trend. |
| Ichimoku Cloud B/L (9, 26, 52, 26) | $0.0₅8691 | Bearish | MONKI is trading below the Ichimoku base line, which points to weaker structure. |
Over the past 7 days, Monki Business price was most positively correlated with the price of Canton (CC), Decred (DCR), Bitget Token (BGB), Beldex (BDX) and Flare (FLR) and most negatively correlated with the price of Celestia (TIA), TRON (TRX), Injective (INJ), Monero (XMR) and Basic Attention Token (BAT).
| Name | Correlation |
|---|---|
| Canton | 0.730 |
| Decred | 0.729 |
| Bitget Token | 0.704 |
| Beldex | 0.668 |
| Flare | 0.643 |
| Name | Correlation |
|---|---|
| Celestia | -0.823 |
| TRON | -0.774 |
| Injective | -0.744 |
| Monero | -0.632 |
| Basic Attention Token | -0.516 |
Monki Business price is positively correlated with the top 10 coins by market cap with a price of 0.132, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.306. Currencies that are positively correlated with Monki Business indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Monki Business, a move in one direction for Monki Business would translate into a move in the opposite direction for the negatively correlated coin.
