$MASK was shaken strongly - but the opportunity grows beneath the chaos
A massive liquidation of $28.833 thousand was triggered at the level of $1.859, eliminating over-leveraged bulls and shaking out weak hands. But beneath this volatility lies a hidden opportunity for those watching closely.
What just happened?
A high-leverage liquidation was witnessed at the level of $1.859, suggesting that a large number of long positions were trapped and liquidated. Such events often indicate the potential for a trend reversal or a market bounce - especially when followed by strong support areas.
Here’s the game plan:
Buy zone:
📍 $1.785 - $1.840
This is where the price historically found demand. It’s also directly below the liquidation zone - perfect for trapping bears and a rebound.
Targets:
🎯 Target 1: $1.940
🎯 Target 2: $2.080
🎯 Target 3 (extended): $2.210
These levels reflect previous resistance fluctuations and psychological barriers where the price may face selling pressure.
Stop loss:
🔻 $1.748 (harsh liquidation)
Breaking and closing below this area will indicate weakness and invalidate the rebound hypothesis.
Final conclusion:
$MASK trading at the edge of fear and opportunity. The recent flow of liquidation may have paved the way for a rebound. If you are patient, disciplined, and calculated, these setups may reward those who dare to enter while others are panicking.
Keep your eyes on the chart - the market doesn’t whisper twice
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