Mask Daily/Weekly Rejection. Building a long position under 3.130 and will add more on dips from here. Tight Invalidation on Clean breaking 3.040 area. Hold here and we can see a nice and quick upside move. Targeting 5.2 first and 7.5 second. Note: Not a Financial Advise
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Mask just passed half a billion dollar trading volume and the price jumped 70% in the last 24 hours and pumped 300% in just two weeks Mask Network is the core product of Dimension, which is positioned to become the bridge that connects internet users from Web2 to Web3. The foundational technology of Mask is a peer-to-peer encrypted messaging application, with...
The structure of the chart leads me to believe that we could see a large drop down to the lower support before the move higher gets started. If we do get down to the lower support, then I think there's a 10x long opportunity up to the resistance in the $20s. Let's see how it plays out over the coming weeks.
MASK is attempting to stabilize above the downward trend line, indicating the market's desire to shift towards an upward trend. There are two strong support levels at $3.5 and $3.4, which are suitable for step-by-step entry. Short-term targets can be considered at $3.7 and $4. This is merely an analysis and should not be regarded as a buy or sell signal.
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BINANCE:MASKUSDT (4H CHART) Technical Analysis Update MASK is currently trading at $3.541 and showing overall bullish sentiment MASK is about to break resistance after months of consolidation, this consolidation can be a good trigger for the bullish tend. Resistance is around 3.9 and this price breakout is gonna be our entry point. Entry level: $ 3.9 -...