$MASK has caught the attention of traders after breaking out of a symmetrical triangle and piercing through the Ichimoku cloud on the weekly chart.

Such moves often indicate a potential for major price action and if confirmed $MASK could be heading for incredible highs.

Here’s everything you need to know.

Key Observations.

1. Symmetrical Triangle Breakout.

A breakout from a symmetrical triangle pattern often signals the start of a new trend.

$MASK has pushed above the pattern showing bullish momentum.

2. Ichimoku Cloud Breakout.

Closing above the cloud on the weekly chart is considered a strong buy signal in technical analysis.

3. Volume Confirmation.

Volume is gradually increasing, a good sign that bulls are stepping in.

Critical Levels to Watch.

1. Buy Zone.

Look for a pullback to $2.80 – $3.10 for a safe entry.

This range aligns with the previous resistance now turned support.

2. Targets.

Target 1. $6.43 (Major resistance)

Target 2. $21.00 (Fibonacci extension level)

Target 3. $40.47 (Ultimate bull target if momentum sustains)

3. Stop-Loss.

Place a stop loss at $2.50 just below key support.

What’s Next.

1. Confirmation Needed.

Wait for a weekly candle close above $3.50 to confirm the breakout.

This will signal that the price is stabilizing above the pattern.

2. Volume Surge.

Watch for an increase in trading volume as this indicates strong interest in the asset.

3. Risk Management.

Always allocate only a portion of your portfolio to speculative trades.

Stick to the buy zone target and stop loss levels to manage risk.

Conclusion:

If $MASK/USDT continues to hold above its breakout zone and gains momentum it could deliver spectacular returns.

However patience is key wait for confirmation before diving in.

Keep an eye on the buy zone and don’t forget to manage risk with a stop loss.

Are you ready for this potential breakout. Don’t miss this opportunity.

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