📈 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. Let’s 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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