🔥 $MASK Teetering: Next Crucial Move?

This asset has shown some interesting price action lately, with a notable rally followed by a corrective pullback. Bulls are currently attempting to defend key support levels, but bearish pressure remains a factor to watch.

📊 Trading Outlook:

📈 Long Scenario: A potential long setup could be considered if we witness a sustained bounce above the $2.60 resistance area, targeting a move towards $2.80. This would ideally be a spot trade or approached with very low leverage due to prevailing market conditions.

📉 Short Scenario: Conversely, a confirmed break below the crucial $2.30 support level could indicate further downside potential. This might present a short opportunity, though caution and careful risk management with leverage are advised.

Always monitor volume to confirm the strength of any breakout or breakdown.

⚠️ NFA/DYOR.

#MASK #PriceAction #CryptoTrading