#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
#MTL/USDT analysis :
#MTL is in an uptrend, consistently making new highs while finding support above the 200 EMA. After liquidating long positions, the price has reclaimed the 200 EMA and is now moving upward. It is expected that the price will maintain its bullish momentum and test higher levels.
TF : 15min
Entry : $1.529
Target : $1.589
SL : $1.488
#MTL/USDT analysis :
#MTL is currently in a downtrend, trading below the 200EMA. The price is consolidating sideways within a correction phase. It is expected that the bearish momentum will continue soon, potentially testing newer lows. For a short entry, wait for a pullback and retest of the zone.
TF : 1D
Entry : $1.047
Target : $0.765
SL : $1.223
#MTL/USDT analysis :
#MTL is presently consolidating above the support zone and the 200 EMA. It is expected to maintain its bullish momentum and retest the previous swing high.
TF : 2H
Entry : $0.977
Target : $1.035
SL : $0.938