#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
#KNC/USDT analysis :
#KNC is retracing towards the 200 EMA, indicating potential upside. The price is respecting the trendline and bouncing back, which suggests a good opportunity for a long entry. Previous highs will serve as target levels.
TF : 4H
Entry : $0.4198
Target : $0.4582
SL : $0.3939
#KNC/USDT analysis :
#KNC is currently in a downtrend, trading below the 200 EMA. The price is forming a pattern of lower lows and lower highs. At present, the price is facing resistance near the 200 EMA, suggesting a potential reversal from this point to maintain its bearish movement and establish a new lower low.
TF : 4H
Entry : $0.4419
Target : $0.4083
SL : $0.4589