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MASK/USDT The perfect bounce suggests potential back to upward!

BINANCE:MASKUSDT   MASK / TetherUS
πŸ’Ž MASK has recently shown notable market dynamics, particularly as it rebounds from a support area.

πŸ’Ž 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.

πŸ’Ž 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.

πŸ’Ž 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.

πŸ’Ž 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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