False break of trend support
On the weekly timeframe sideways at support. marked by the green bar at 3.50 dollars.
Monthly candlestick looks shorts. in 3 days a new month will open and it will show whether it will fall or rise.
on the hourly timeframe a potential breakdown of the slope.
The MASKUSDT price has been consolidating quite well lately in preparation for a possible strong price movement.
The critical level below is $3.30. Fixing the MASK price below this level will open the way for a drop to at least the $2.35-2.60 range.
A strong liquidity zone of range $4,00-6.30 hangs above the current price of the Mask Network token.
Over the...
12h time frame
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MASK retesting the downtrend and creating a 1h triangle structure
Here~3.1 is good entry zone to get great RRR
TP:
1) 5.4
2) 6.5~7.2
3) 8.9~9.8
SL: 3
The price is trading at weekly resistance. This is third attempt to breach this weekly resistance and it might succeed this time. If it does by closing above this weekly resistance on weekly basis, the target would be the next weekly resistance around 13.0-14.0.
