Cryptic crossword clue
Monitored an unstable figure below this line 11

The most common and most likely answer to this crossword clue is the 11 letter word DENOMINATOR

I've seen this crossword clue in The Times
D
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N
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M
I
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A
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The straight part
We know that "figure below this line" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case figure below this line = denominator.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does DENOMINATOR mean?

DENOMINATOR noun
  1. The number or expression written below the line in a fraction (such as 2 in ½).
  2. One who gives a name to something.

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