$MASK /USDT – SHORT TRADE SIGNAL AS BEARISH REVERSAL ZONE HOLDS STRONG!
$MASK has lost momentum after a massive 117% run-up in the past 30 days. The price is now struggling to stay above the $2.60 mark and is showing signs of rejection from the recent high at $2.82. If the price breaks below $2.55, further downside could follow quickly.
Trade Setup (SHORT):
Entry: $2.590 – $2.640
Target 1: $2.480
Target 2: $2.350
Stop Loss: $2.710
Why Short?
After tapping into the $2.82 resistance, MASK has printed a lower high and is now forming bearish wicks on the 15-minute and 1-hour charts. Volume has cooled off significantly, indicating a potential distribution phase. If price fails to reclaim $2.65, it could drop back to test support zones.
Risk Management Tip:
Stick to your stop loss and avoid late entries. A failed bounce from $2.55 could accelerate the decline — trail your SL as price moves in favor.
Sell smart — don’t chase green candles when the trend is turning red!
Ride the momentum before it fades — profits favor the fearless!