MON Surges 22% on Coinbase in Under 10 Minutes, Rebounds From $0.0205 to $0.025 at Public Sale Level
COINOTAG News reported on November 24 that market data showed the MON token on Coinbase briefly slipping to $0.0205 before clawing back to roughly $0.025, the public sale price level. The move illustrates a sharp intraday adjustment in a thin-liquidity window amid fresh-market activity.
Within minutes, the intraday surge reached about 22%, highlighting heightened volatility around a newly listed token on a major exchange. Traders should note that price recovery occurred in under ten minutes, aligning with near-term tolerance for liquidity-driven moves and the risk profile of speculative positions.
For risk-conscious readers, stay focused on key levels as discovery continues: potential near-term support around $0.022 and resistance near $0.030, with close monitoring of order-book depth and exchange-wide liquidity signals.
