$MASK / USDT STRONG SPIKE OR FALSE HOPE?
$MASK surged from $1.85 to a local high of $3.07 a +66% move in just a few days! But the recent struggle to break above $3.00 signals possible exhaustion. The current price at $2.971 hovers below resistance, and momentum appears to be stalling on the 4H chart with sideways candles forming a potential lower high setup.
If $MASK bulls can’t reclaim the $3.00 level soon, we may see profit-taking push it back toward $2.60 support.
Trade Setup (Bearish Bias)
• Entry (Short): $2.95 – $3.00
• TP1: $2.70
• TP2: $2.55
• SL: $3.10
Support: ~$2.60
Resistance: ~$3.00
Volume divergence + hesitation near resistance = caution. Eyes on whether this was just a hype wick or a true breakout.