π MASK has recently shown notable market dynamics, particularly as it rebounds from a support area.
π The strong green candle suggests potential upward momentum, but a decisive breakout above the resistance at $5.35 is needed to confirm this continuation towards the target strong resistance area.
π However, if MASK fails to break above the resistance, there's a possibility of a retracement back to the support area to gather momentum for another attempt at breaking out.
π If MASK fails to find support at the current level and breaks below the support area, the next potential stop is at the demand area of around $3.08. This demand area holds significance as it needs to act as a strong support zone for MASK to maintain its upward trajectory.
π However, if MASK breaks down below the demand area, it will confirm bearish sentiment, potentially leading to further downward movement in price.
π The strong green candle suggests potential upward momentum, but a decisive breakout above the resistance at $5.35 is needed to confirm this continuation towards the target strong resistance area.
π However, if MASK fails to break above the resistance, there's a possibility of a retracement back to the support area to gather momentum for another attempt at breaking out.
π If MASK fails to find support at the current level and breaks below the support area, the next potential stop is at the demand area of around $3.08. This demand area holds significance as it needs to act as a strong support zone for MASK to maintain its upward trajectory.
π However, if MASK breaks down below the demand area, it will confirm bearish sentiment, potentially leading to further downward movement in price.
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