Here are the key support and resistance levels for #MASK/USDT based on recent technical analyses and market data:
Key Support Levels of $MASK
2.99 – $3.00: A crucial support zone where buyers have consistently entered the market, providing a strong foundation for price stability.
$2.937: The 24-hour low, acting as a significant support level. A drop below this could indicate further downside potential.
$2.40: A historically strong support level, where bulls have previously stepped in to buy the dip.
Key Resistance Levels
$3.07 – $3.08: Immediate resistance zone. A breakout above this range could signal bullish momentum.
$3.150: The recent 24-hour high, serving as a strong resistance level. Surpassing this could open the path to higher targets.
$3.250: A key resistance zone to watch. Clearing this level could be the next significant barrier for bulls.
$3.400: A psychological resistance level. Continued momentum could lead to testing this level.
Technical Indicators
Moving Averages: The overall rating for MASK/USDT is a strong buy, indicating bullish momentum.
Oscillators: The overall rating is neutral, suggesting a balanced market without clear overbought or oversold conditions.
Summary
MASK/USDT is currently trading within a critical range. Holding above the $2.99 – $3.00 support zone is essential for maintaining bullish momentum. A breakout above the $3.07 – $3.08 resistance could pave the way for testing higher resistance levels at $3.150, $3.250, and potentially $3.400. Traders should monitor these key levels closely and consider using appropriate risk management strategies.
Note: Always conduct your own research and consult with a financial advise.