#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
#EOS/USDT analysis :
#EOS has broken out and is currently testing a previously respected resistance zone. The price is expected to test this level and rebound from there, indicating potential upward movement toward previous highs.
TF : 2H
Entry : $0.8980
Target : $1.0600
SL : $0.8470
#EOS/USDT analysis :
#EOS is currently undergoing a correction phase. The price is trading within the resistance zone and is expected to decline from this level, continuing its bearish momentum and testing previous swing lows.
TF : 1h
Entry : $0.4247
Target : $0.4007
SL : $0.4398
#EOS/USDT analysis :
#EOS is currently undergoing a correction phase within a downtrend. It is expected to test the previous resistance zone before continuing the trend. Wait for the price to test the resistance zone and reject from there before considering opening a short position.
TF : 4h
Entry : $0.5000
Target : $0.4380
SL : $0.5291
#EOS/USDT analysis -
#EOS is making lower lows and higher highs, while facing resistance from the 200 EMA. Right now, the price is in a correction phase. It is advisable to wait for the price to reach the $0.610 level and then bounce back down to go short. Keep an eye on the previous swing lows as it could be potential target level.
TF : 1h
Entry : $0.598
Target : $0.538
SL : $0.638