#cplusplus
Monad is a fast, scalable Layer 1 blockchain fully compatible with Ethereum's EVM, allowing you to run Ethereum smart contracts without changes. It improves speed by separating consensus (agreement on transaction order) from execution (processing transactions), enabling parallel transaction execution and reaching 10,000 transactions per second with 1-second finality. Monad uses a custom EVM and a special database (MonadDb) optimized for parallel state access, reducing delays. This means you get much faster, cheaper transactions while keeping Ethereum compatibility, making it easier for developers and users to adopt and benefit from high performance and scalability.
https://github.com/category-labs/monad
#BAKE/USDT analysis :
#BAKE is currently retracing towards the 200 EMA. The price is expected to retest this moving average before continuing its bearish momentum. The current level presents a favorable opportunity for a long entry.
TF : 2h
Entry : $0.1507
Target : $0.1700
SL : $0.1414
#BAKE/USDT analysis :
The price is in an uptrend, forming higher highs (HHs) and higher lows (HLs) above the 200-period exponential moving average (200 EMA). The price is expected to bounce back from this level and continue its bullish momentum, aiming to test the previous swing high.
TF : 1h
Entry : $0.2783
Target : $0.2929
SL : $0.2705