đ Technical Analysis: MASK/USDT
As we analyze the current price movement of $MASK
/USDT, we observe a price of $2.38, which has recently seen a +1.10% change. Letâs break down the key levels to watch and identify potential targets:
Current Overview:
Current Price: $2.38
24h High: $2.43
24h Low: $2.33
Volume (MASK): 653,532.20 MASK
Volume (USDT): 1.56M USDT
Technical Levels:
1. Support Level: $2.32
The recent low indicates strong buying interest at this level. A bounce here could signal a reversal, providing a solid entry point for bullish traders.
2. Resistance Level 1: $2.43
This is the current 24h high, acting as a critical resistance level. A breakout above this price could trigger further upward momentum.
3. Resistance Level 2: $2.50
Should the price break through $2.43, the next significant resistance to watch is $2.50. This level aligns with a previous price point where sellers have historically entered the market.
Market Sentiment:
SAR (0.02, 0.2): 2.323
This indicator suggests a cautious approach; however, if the price can hold above this point, it may attract further buying.
Price Movements:
15m: -2.507%
1h: -1.177%
4h: -3.203%
1D: -5.502%
Conclusion:
Keep an eye on these key levels as they will guide trading decisions in the coming hours. A close watch on the volume can also provide insights into potential breakout scenarios. Happy trading!
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