Attention, crypto community! 🚨 The eye of the hurricane is on $MASK /USDT! 🚀
It has just experienced a massive surge of +32.28% and is currently trading at $2.631. But beware! It recently hit a high of $2.662 and a low of $1.850 in the last 24 hours. The volume of MASK is impressive, over 11.68M!
Analyzing the data, we see that the 7-period Moving Average (MA(7)) is at $2.531, very close to the current price, indicating a strong bullish momentum. The MA(25) at $2.268 and the MA(99) at $2.098 confirm the upward trend in the short and medium term.
Now, let's talk about manipulation! 🧐 The order book shows a demand at $2.6 of 78,513.9, but the supply at $2.7 is 96,383.6. This means there are more people wanting to sell a little higher, which is normal after a rally. However, in the 1-hour money flow, there is a net inflow of 7.17% in large buy orders. This indicates that whales are entering the game, which is always a sign to consider. 🐳
In the last 24 hours, the money inflows into MASK have been $759,963.20 in 5 days of large money flow entries, with a peak of $363,164.80 and $344,132.60 recently. This is not a coincidence! It seems there is institutional interest or large holders.
My reading: this rally looks promising, supported by volume and significant money inflows. However, as always in the crypto world, caution is key. Stay alert to see if MASK can break strongly and consolidate above $2.662 for a more explosive move. If there is a pullback, the levels of $2.531 (MA7) and $2.268 (MA25) could be good areas to look for support and possible entries for those who missed out.
HODL wisely and manage the risk! The market is hot. 🔥