MASK on the Edge: Will It Break Out or Fall Back? đ„
Looking at the MASK chart, it's clear that the price is facing some hesitation right now. We're currently sitting around the $2.11 level, but letâs dive deeper. The recent bounce off the lows around $1.80 showed some decent strength, but weâre seeing resistance forming as it approaches $2.20.
Volume has spiked, but without a clear breakout, it's hard to say if this momentum will continue. The moving averages (MA7, MA25, and MA99) are all hovering close, suggesting indecision. However, with the 7-day moving average above the 25-day, there's still a faint hope for bullish continuation. We need to watch for a break above $2.20 to confirm a real upward push, otherwise, we could see a pullback.
For now, the bias is cautious. If youâre holding, watch the price action closely. Donât get caught in a fakeout!
đ Will we see MASK rocket past resistance, or is a drop looming? Only time will tell!
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