See original
LIVE
Yi Xi Bullish
--
Bearish
$MASK /USDT: Technical Analysis & Targets 🎯
Current Price: $3.705 (-16.12%)
24H Range: $3.510 - $4.612
Volume: 17.47M MASK / 66.54M USDT
Market Overview
MASK has experienced a sharp drop, losing over 16% in the last 24 hours. However, such high volatility often presents trading opportunities for both short-term traders and long-term investors.
Technical Levels to Watch:
Support Level: $3.50 (Critical zone, breaking below could trigger further declines)
Resistance Levels: $4.00, $4.30, and $4.60
🎯 Short-Term Targets for MASK/USDT
1. Target 1 - $4.00:
Why it Matters: A psychological level and the nearest resistance. Breaking above $4.00 will confirm a recovery.
Trader’s Insight: Watch for strong buying volume near $3.70-$3.80.
2. Target 2 - $4.30:
Why it Matters: A mid-level resistance, aligning with recent price action. A breakout here signals a bullish continuation.
Trader’s Insight: Favorable for day traders looking for quick profits on a breakout.
3. Target 3 - $4.60:
Why it Matters: This is the 24H High, and reclaiming this level could open the door for a broader recovery.
Trader’s Insight: Momentum traders might find this level an attractive exit point for short-term gains.
Strategy for Traders:
Bullish Case: A move above $4.00 will likely trigger buy orders and set up a push toward $4.30 or $4.60.
Bearish Case: If MASK fails to hold $3.50, prepare for a deeper correction toward $3.30 or lower.
#MicroStrategyJoinsNasdaq100 #BinanceLaunchpoolVANA #CryptoUsersHit18M
Current Price: $3.705 (-16.12%)
24H Range: $3.510 - $4.612
Volume: 17.47M MASK / 66.54M USDT
Market Overview
MASK has experienced a sharp drop, losing over 16% in the last 24 hours. However, such high volatility often presents trading opportunities for both short-term traders and long-term investors.
Technical Levels to Watch:
Support Level: $3.50 (Critical zone, breaking below could trigger further declines)
Resistance Levels: $4.00, $4.30, and $4.60
🎯 Short-Term Targets for MASK/USDT
1. Target 1 - $4.00:
Why it Matters: A psychological level and the nearest resistance. Breaking above $4.00 will confirm a recovery.
Trader’s Insight: Watch for strong buying volume near $3.70-$3.80.
2. Target 2 - $4.30:
Why it Matters: A mid-level resistance, aligning with recent price action. A breakout here signals a bullish continuation.
Trader’s Insight: Favorable for day traders looking for quick profits on a breakout.
3. Target 3 - $4.60:
Why it Matters: This is the 24H High, and reclaiming this level could open the door for a broader recovery.
Trader’s Insight: Momentum traders might find this level an attractive exit point for short-term gains.
Strategy for Traders:
Bullish Case: A move above $4.00 will likely trigger buy orders and set up a push toward $4.30 or $4.60.
Bearish Case: If MASK fails to hold $3.50, prepare for a deeper correction toward $3.30 or lower.
#MicroStrategyJoinsNasdaq100 #BinanceLaunchpoolVANA #CryptoUsersHit18M
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
1
0
Replies 0