BOOM! $MASK Shorts Got Liquidated!
$12.69K worth of SHORT positions just got WIPED OUT at $2.170 – Bears caught sleeping!
This liquidation spike is a strong bullish signal – the tables might be turning!
Here’s the Full Technical Breakdown:
Buy Zone:
> $2.05 – $2.17
(High confluence support zone – previously tested and defended hard after liquidations)
Targets:
> T1: $2.34 – Short-term resistance zone
T2: $2.49 – Gap-fill zone from previous dump
T3: $2.65 – Strong breakout target if momentum continues
Stop Loss:
> $1.95
(Clear invalidation zone – if broken, trend could flip back to bearish)
Why This Setup Matters:
Shorts are squeezed – bulls gain momentum
Volume is rising near support
RSI bouncing from oversold on 4H chart
High R:R potential with clearly defined invalidation
My Take:
This could be a power play for bulls – smart traders are watching $MASK like a hawk.
Break above $2.34 and it could rip through resistance levels fast.
Ride the wave before it’s gone.