$MASK showing signs of weakness after breakdown below $2.95 key support
📉 Now at $1.798 — down 50.25% daily, bears taking control after sharp selloff
💥 24h Vol: 93.92M MASK | Eyes on defending $1.73 support
Technical Analysis:
Critical support broken at $2.95, triggering a steep drop to $1.73
Strong volume spike on selling pressure confirms bearish momentum
Previous support at $2.95 now acts as resistance
Next major support at $1.73 (24h low), with price consolidating just above this level
Lower highs and lower lows forming, indicating continued downside risk
Targets:
🎯 Short-term: $1.73 (3.8% downside)
🎯 Medium-term: $1.50 (16.5% downside if $1.73 fails)
🎯 Bounce target: $2.10 (17% upside on relief rally)
Risk Assessment:
Bearish momentum accelerating after breakdown
High volatility and potential for dead cat bounce at support
Market sentiment negative; need confirmation of reversal before considering longs
DYOR (Do Your Own Research)
Is this the start of a deeper correction or a bounce zone? DYOR
