Layer1Insight

$MASK /USDT – BASE BUILDING OR DEAD CAT BOUNCE? 🐾

$MASK is up +5.37% today, trading at $1.669, bouncing off its recent low of $1.534. After a brutal drop from $3.73, the price is now stabilizing just below the 99 EMA ($1.675), hinting at a possible base formation.

However, the 7 EMA ($1.912) and 25 EMA ($2.042) are still above the current level, indicating resistance ahead. A breakout above the 99 EMA could spark renewed bullish interest.

📊 Trade Setup (High-Risk Reversal Play):
• Entry Zone: $1.63 – $1.69
• Take Profit 1: $1.78
• Take Profit 2: $1.95
• Take Profit 3: $2.10
• Stop Loss: $1.49

Price action must reclaim the $1.78 level to confirm momentum reversal. Watch volume closely!

#MASK #AltcoinRecovery #BinanceChart #CryptoSignals #Layer1Insight $MASK

$MASK – Is it building a base or a dead cat bounce? 🐾
It rose by +5.37% today, trading at $1.669, bouncing off its recent low of $1.534.
After a sharp decline from $3.73, the price has now settled below the 99 EMA ($1.675), indicating a potential base formation.
However, the 7 EMA ($1.912) and the 25 EMA ($2.042) are still above the current level, indicating future resistance. A breakout above the 99 EMA could reactivate buying interest.
Price action needs to reclaim the $1.78 level to confirm a momentum reversal. Watch trading volume closely!

📊 Trading setup (high-risk reverse play):
• Entry area: $1.63 – $1.69
• Targets:
1: $1.78
2: $1.95
3: $2.10
• Stop loss: $1.49

Buy and trade here $MASK
#MASK #AltcoinRecovery #BinanceChart #CryptoSignals #Layer1Insight