$MASK /USDT chart analysis with a trade setup

🔹 Trend Analysis: #Mask

The chart is in a strong uptrend with higher highs (H) and higher lows (L).

Price has just bounced from dynamic support (green curve – likely an EMA), forming a bullish engulfing pattern.

A breakout above a local resistance occurred around 1.77, now acting as support.

🔹 Pattern Identified:

Ascending Channel: Price is respecting an upward-sloping trendline.

Bullish flag/pennant formation breakout occurred recently.

Potential continuation toward upper resistance near 2.00 – 2.10 USDT.

🔹 Volume & Momentum:

Steady rise in bullish momentum.

RSI (not visible but inferred from structure) likely approaching overbought — caution needed soon.

📈 Trade Setup – LONG:

Entry Zone: Between 1.75 – 1.78 (current area)

Stop-Loss (SL): Below recent support – around 1.60

Take-Profit (TP) levels:

TP1: 1.90 USDT (conservative)

TP2: 2.05 USDT (trendline resistance)

TP3: 2.20 USDT (extended breakout target)

Trade Here on $MASK