It should be LOW only during the UpLoad mode. When you try to run SerialMonitor, since you have "REST - FTDI green wire", it Reset the ESP again, and enter again in UpLoad mode again, not even running your sketch.
It should be LOW only during the UpLoad mode. When you try to run SerialMonitor, since you have "REST - FTDI green wire", it Reset the ESP again, and enter again in UpLoad mode again, not even running your sketch.