$MASK /USDT BEARISH RETEST IN PROGRESS – SHORT AFTER EUPHORIC SPIKE! 🔻
$MASK has dropped from the local high of $2.885 and is currently trading at $2.573, showing signs of exhaustion after a massive rally. Price is printing lower highs with fading bullish momentum — indicating a possible corrective phase ahead.
Key Levels:
Resistance: $2.740 – $2.885
Support: $2.367 – $2.180
Current Price: $2.573
🔴 Trade Setup (SHORT):
Entry: $2.570 – $2.590
Target 1: $2.450
Target 2: $2.320
Stop Loss: $2.745
Why Short?
After a strong surge from $2.036 to $2.885, price is consolidating with lower highs and weak candle closes. Volume is decreasing while sellers begin to step in around the $2.60 zone. A pullback looks likely before any fresh rally attempt.
Risk Management:
Set SL above $2.745. Risk max 2% per trade. Secure profits early and trail your stop once TP1 hits.
⚠️ Don't chase green after the pump — wait for the retest rejection and ride it down smart!
Sell smart — don’t chase green candles when the trend is turning red!
Ride the momentum before it fades — profits favor the fearless! 📉🔥