📊 $MASK /USDT Technical Analysis (15m Chart)
Current Price: $2.569
24h Change: +21.29%
Exchange: Binance
Chart Type: 15-minute candles
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✅ Bullish Signals:
1. Price Recovery: Strong bounce from the recent low of $2.484, showing buyers stepping in.
2. EMA Cross Setup:
EMA(7): 2.561
EMA(25): 2.568
EMA(99): 2.522
Price is trading above all 3 EMAs — short-term bullish momentum confirmed.
3. MACD: Slightly positive (MACD: 0.006) with histogram turning green — early bullish crossover forming.
4. RSI(6): 58.82 — strong recovery from oversold conditions, but still below overbought (70), suggesting more upside potential.
5. Volume Stability: Volume is steady, indicating healthy interest and no major sell-off.
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⚠️ Cautionary Notes:
Strong resistance near $2.750 (previous local high).
If price fails to break above $2.60-$2.65 cleanly, we may see a short-term pullback.
RSI approaching 60 — potential overbought if pump continues too quickly.
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📈 Trade Idea:
Strategy: Short-Term Scalping or Swing Trade
Long Entry:
🔹 Entry: $2.55 – $2.58 (current zone)
🔹 Stop Loss: $2.48 (below recent low and EMA(99))
🔹 Take Profit Targets:
TP1: $2.65
TP2: $2.75
TP3: $2.88 (24h high)
Risk/Reward: ~1:2.5+ — solid setup for a short-term continuation.
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📉 Alternative Plan (If Trend Reverses):
If price drops below $2.48 with strong volume and breaks the EMA(99), it could signal a deeper retracement. In that case:
Wait for support near $2.40 or $2.35 before re-entering long.
Or consider a short scalp (advanced strategy) if confirmed by MACD/RSI crossover down.
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🧠 Final Thoughts:
MASK is showing early signs of a bullish continuation, but it’s important to manage risk closely as we’re in a low time frame (15m). Watching the $2.60 resistance zone and MACD confirmation will be key for deciding the next move.