diff --git a/scripts/cloud_run_runtime_guard.py b/scripts/cloud_run_runtime_guard.py
index 936d9ab..bd88a86 100644
--- a/scripts/cloud_run_runtime_guard.py
+++ b/scripts/cloud_run_runtime_guard.py
@@ -345,7 +345,26 @@ def _entry_text(entry: dict[str, Any]) -> str:
     return " ".join(chunks)
 
 
+def _request_path(entry: dict[str, Any]) -> str:
+    request_url = str((entry.get("httpRequest") or {}).get("requestUrl") or "").strip()
+    if not request_url:
+        return ""
+    return urllib.parse.urlparse(request_url).path
+
+
+def _is_ignorable_monitor_dispatch_capacity_warning(entry: dict[str, Any]) -> bool:
+    if not _env_bool("RUNTIME_GUARD_IGNORE_MONITOR_DISPATCH_CAPACITY_WARNINGS", True):
+        return False
+    return (
+        _status(entry) == 429
+        and _request_path(entry) == "/monitor-dispatch"
+        and "NO AVAILABLE INSTANCE" in _entry_text(entry).upper()
+    )
+
+
 def _is_failure(entry: dict[str, Any]) -> bool:
+    if _is_ignorable_monitor_dispatch_capacity_warning(entry):
+        return False
     severity = str(entry.get("severity") or "").upper()
     status = _status(entry)
     text = _entry_text(entry).upper()
diff --git a/tests/test_cloud_run_runtime_guard.py b/tests/test_cloud_run_runtime_guard.py
index e4f0d42..445d7a4 100644
--- a/tests/test_cloud_run_runtime_guard.py
+++ b/tests/test_cloud_run_runtime_guard.py
@@ -143,3 +143,45 @@ def test_scheduler_entry_since_uses_matching_service_revision_window():
         guard._scheduler_entry_since(entry, {"other-service": service_since}, fallback)
         == fallback
     )
+
+
+def test_monitor_dispatch_capacity_warning_is_not_failure_by_default(monkeypatch):
+    monkeypatch.delenv("RUNTIME_GUARD_IGNORE_MONITOR_DISPATCH_CAPACITY_WARNINGS", raising=False)
+    entry = {
+        "severity": "WARNING",
+        "httpRequest": {
+            "status": 429,
+            "requestUrl": "https://example.run.app/monitor-dispatch",
+        },
+        "textPayload": "The request was aborted because there was no available instance.",
+    }
+
+    assert guard._is_failure(entry) is False
+
+
+def test_monitor_dispatch_capacity_warning_can_be_counted(monkeypatch):
+    monkeypatch.setenv("RUNTIME_GUARD_IGNORE_MONITOR_DISPATCH_CAPACITY_WARNINGS", "false")
+    entry = {
+        "severity": "WARNING",
+        "httpRequest": {
+            "status": 429,
+            "requestUrl": "https://example.run.app/monitor-dispatch",
+        },
+        "textPayload": "The request was aborted because there was no available instance.",
+    }
+
+    assert guard._is_failure(entry) is True
+
+
+def test_strategy_request_capacity_warning_still_fails(monkeypatch):
+    monkeypatch.delenv("RUNTIME_GUARD_IGNORE_MONITOR_DISPATCH_CAPACITY_WARNINGS", raising=False)
+    entry = {
+        "severity": "WARNING",
+        "httpRequest": {
+            "status": 429,
+            "requestUrl": "https://example.run.app/dry-run",
+        },
+        "textPayload": "The request was aborted because there was no available instance.",
+    }
+
+    assert guard._is_failure(entry) is True