a crypto in the CRYPTO market. The price is 1.87 U**1 MASK ≈ ** $1.87 USD, slightly down ~0.36% from yesterday’s close. closeIntraday trading range: $1.85 – $3.67, showing significant volatility #ailBinance’s own price feed shows a consistent live rate of $1.876–1.882 for MASK/USD, marking a harsh ↓35–36% daily drop, with 24-hour volume in the range of $935M–$985M e of $1.876–1.882 for MASK/USD, marking a harsh ↓35–36% daily drop, with 24-hour vA whale moved ~756,766 MASK (≈ $2.1 M) to Binance about 4 days ago, resulting in a price plunge of 17% and a realized loss of ~$366K 57-0After the dump, the token rebounded ~34%, climbing toward $2.70 due to strong trading activity 366K .
2. *In early June, the founder’s wallet experienced a ~$4 M hack, triggering a ~7% dip rAnother commentary flags it as a possible "flash‑sale" scenario: while some on perpetuals see ~$2.96, spot markets hover at ~$2.16–$2.19. Technicals suggest a bearish turn unless $2.40 liftstivity .
3. **SecRecent Binance Square posts emphasize high intraday swings. One spotlighted MASK powering “beast mode,” surging from $2.64 to $3.37 (+27%), with the suggestion that maintaining above ~$3.20 could unlock a rally toward $3.60–$3.85 ntary flags it as a possible "flash‑sale" scenario: while some on perpetuals see ~$2.96, spot markets hover at ~$2.16–$2.19. Technicals suggest a bearish turn unless $2.40 lifts bearish short-term setup warns of stalling near $3.00, with concerns of retracement to $2.60 .a bearish turn unless $2.40 lifts .
A bearish short-term setup warns of stalling ne~$2.60 (spot); intraday lows around $1.85–$1.76 s to Watch
| Level | Notes | |------ | ~$2.60 (spot); intraday lows around $1.85–$1.76 | | Resistance | $2.83–2.86), showing indecision |
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🧭 What This Means for Traders & Investors
Retail traders may find opportunity in tight intraday trading ranges (~$2.15–$3.40), but volatility requires strict risk management.
Long-term investors should weigh MASK’s utility in Web3 messaging/privacy with structural risks—recent hacks, whale movements, and sharp swings.
Outlook: If MASK holds above support zones and broader crypto sentiment improves, recovery toward $3+ is possible. But technical breakdown below $2.60 may accelerate correction toward the $1.80–2.00 range.
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📝 Article Summary
Mask Network (MASK) currently trades around $1.87–1.88 on Binance, down $2.1M), a subsequent bounce, and a security breach in the founder’s wallet. Technical factors point to consolidation around $2.80–3.00, with immediate resistance at $3.20–3.40 and support near $2.60. Spot vs. perpetual market discrepancies suggest caution. Overall, traders can find setups in tight ranges, while long-term holders should assess fundamental risks alongside the project’s Web3 strengths.
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