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
The price of the asset had previously fallen and was in a downward movement. Now it is observed that after the breakdown of the structure there is an upward trend.
I will consider going long if the price consolidates above the high of $151.740 in order to gain strength so that we can continue the upward trend. In this case, I will expect an increase up to $162,000.
I will consider going short if the price consolidates below the support zone of $132,000. If the price consolidates there, this means weakness of buyers and the downward trend may continue. In this case, I will wait for a drop to $122,000 to update the minimum. ➖➖➖➖➖➖➖➖➖ Today the news will come out, quite strong, it will probably be carried out in both directions. Be careful and respect the risks to keep your deposit.
🔘 Long - if the price consolidates above the maximum of $151.740 🔘 Short - if the price consolidates above the support zone of $132,000 ➖➖➖➖➖➖➖➖➖ $SOL
Let's analyze the#APEasset on the 4-hour timeframe:
We observe a locally ascending structure, and a primarily descending one, the structure was broken, and after which the price became sideways.
I expect to go long after the price breaks through the downward trend resistance zone of $1.0594 and consolidates above it, after which I will expect a slight correction and further growth. In this case, I expect a hike until the entire liquidity of $1.1929 is withdrawn.
I expect a short after the price reaches a minimum of $0.8380 and consolidates below. This is a fairly strong target for sellers in the market, so if this happens, I will expect a further downward trend of $0.8000, $0.7590. ➖➖➖➖➖➖➖➖➖➖ It's the weekend and volatility is not encouraging, but there are manipulations from Friday to Tuesday. This allows you to make good money. Therefore, I am watching some assets, waiting for confirmation and we will soon enter into transactions, wait.
🔘 Long - after the price consolidates above the resistance zone of $1.0594
🔘 Short - after the price consolidates above the minimum of $0.8380 ➖➖➖➖➖➖➖➖➖➖ $APE $BTC $ETH
The price is moving in a downward direction, but we are primarily in an uptrend. We received a lot of local swaps and the price gave a good reaction in growth. Now the price is moving towards the trend line, that is, towards the resistance zone.
I expect to go long after the price consolidates above the resistance zone, thereby breaking the structure at $2.0191. After this, I expect a correction to $1.7420 to gain strength and expect further removal of liquidity that formed in the downtrend.
I expect shorts after the price breaks the support zone of $1.5872. After successfully consolidating below $1.5534, I will consider further downward movement and the price reaching the zones of $1.4790, $1.4235. ➖➖➖➖➖➖➖➖➖➖➖ It's the weekend, and the volatility is not encouraging; manipulations are present in a timely manner until Tuesday. Don't forget to be active and there will be more deals!🔥
🔘Long - after the price consolidates above the $2.0191 zone 🔘Short - after the price consolidates below the minimum of $1.5534 ➖➖➖➖➖➖➖➖➖➖➖ $OP $BTC #OP #Optimism