📈$MASK Analysis!!!

🟢Long

$MASK Token — Recent Developments (June 2025)

June 1, 2025: The wallet of MASK Network’s founder was hacked, and around $4 million worth of crypto was stolen. This caused MASK's price to drop 7%, hitting ~$2.23.

June 2, 2025: A crypto whale sold 756,766 MASK tokens (~$2.1M) on #Binance, triggering a 17% price dip. However, strong market activity quickly followed.

Shortly after, MASK's price surged by 34%, recovering losses and reaching around $2.70, driven by increased trading volume and attention from investors.

Let’s take a look at the MASK token price on the daily timeframe.

We can call yesterday's daily candle as a breakout candle and today's candle as a resistance zone. 

In terms of Elliott wave theory, it seems that the MASK token has completed the main wave 3 and is currently completing the main wave 4, which could cause a -15% decline in this token. The main wave 4 could complete near the Uptrend line. 

I expect the MASK token to rise to at least near $3.00 (+30%) after a small correction.