$MASK
/USDT Quick Analysis and Trade Strategy📈
Current Price: 3.913 (down 11.61 percent)
24h Range:
High: 4.748
Low: 3.913
Trading Volume:
MASK: 11.41 million
USDT: 50.99 million
Market Depth:
Selling pressure is significant, with depth ranging from 1.85 to 15.14 percent, indicating a bearish sentiment.
Key Levels
Support:
3.913 (24h low)
3.800 (next strong support)
Resistance:
4.000 (immediate resistance)
4.200 (next resistance level)
Trade Setup
Entry Points:
Around 3.900 to 3.950 for a potential rebound.
Stop-Loss:
Below 3.800 to mitigate further downside risk.
Targets:
1. 4.000 – 2.2 percent gain
2. 4.200 – 7.3 percent gain
3. 4.500 – 14.9 percent gain
Tips
Volume Insight: Monitor buying volume for signs of trend reversal.
Profit Taking: Take partial profits as price approaches resistance levels.
Risk Management: Maintain a 1:2 risk-to-reward ratio to manage potential losses effectively.