After a parabolic rally into early June, Mask Network price today is under heavy pressure following a sharp intraday rejection from the $3.70 region. The token has dropped over 30% from the recent high, erasing nearly all of June’s initial gains. Despite the volatility, the price is now testing a critical support level that could determine whether bulls still hold control in the medium term.
What’s Happening With Mask Network’s Price?
Mask price forecast (Source: TradingView)
The weekly candle chart highlights a dramatic reversal after Mask Network price surged from the April lows near $0.92 to highs of $3.69. This move briefly tagged the 61.8% Fibonacci retracement near $3.28, but failed to hold above it. The price is now retreating toward the 0.236 Fib zone at $1.82, which currently acts as a key psychological support. Sustaining this level could stabilize sentiment after the panic sell-off.
Mask price forecast (Source: TradingView)
On the daily timeframe, the price has decisively broken below the rising wedge support structure and is hovering just above $1.85. A close below $1.82 may open the door for a full retracement toward the $1.60–$1.28 demand zone, which aligns with prior consolidation levels seen throughout April and early May.
Mask Network Price Action Shows Breakdown After Blow-Off Top
Mask price forecast (Source: TradingView)
Looking at the 4-hour chart, Mask Network price action formed a clear ascending triangle in late May, followed by a textbook breakout. However, the spike toward $3.69 was met with immediate rejection, forming a bearish engulfing candle across multiple timeframes.
The sudden breakdown carved through prior support at $2.70 and triggered a cascade of stop losses. Price is now consolidating in a tightening triangle just above $1.84, with downward momentum slowing. However, the lower highs signal caution. If this current structure breaks down again, the $1.60–$1.28 support band could be tested swiftly.
Why is The Mask Network Price Going Down Today?
Mask price forecast (Source: TradingView)
The answer to Why Mask Network price going down today lies in multiple converging factors. Firstly, the RSI on the 30-minute and 4-hour charts shows a bearish divergence at the top, followed by a breakdown into oversold territory (sub-35 levels), which signaled an exhaustion of bullish momentum.
Additionally, the MACD printed a bearish crossover around the same time the breakdown occurred. Histogram bars shifted sharply into the negative, reinforcing the trend reversal. This momentum structure points to a broader correction phase rather than a simple pullback.

Mask price forecast (Source: TradingView)
Moreover, the Ichimoku Cloud on the 30-minute chart now shows a deep bearish twist, with price action sitting well below the Kumo cloud. The conversion line and baseline are both trending downward, further confirming short-term bearish sentiment. The Stoch RSI remains under 20, suggesting momentum remains weak despite the bounce attempt.
Volatility Spikes and Short-Term Forecast

Mask price forecast (Source: TradingView)
Following the liquidation cascade, Mask Network price volatility has surged to its highest levels in weeks. Bollinger Bands on the 4-hour chart have expanded dramatically, and price now trades beneath all key EMAs (20/50/100/200), suggesting that any rebound faces major resistance ahead. The upper band at $3.73 marked the top, while the lower band near $1.65 could be retested.
Volume during the decline was significantly higher than on the rally, suggesting distribution rather than accumulation. Still, if bulls defend the $1.82 region and reclaim $2.12 on a 4H close, it could signal the start of a short-term recovery.
June 2025 Price Outlook for MASK

Mask price forecast (Source: TradingView)
Given current chart dynamics, the price remains vulnerable unless it can reclaim lost trendlines. As of June 7, Mask Network price today is holding at $1.84, but momentum indicators suggest caution. Here is the summarized short-term outlook:
IndicatorReadingRSI (4H/30m)34.7 / 36.0 (bearish)MACD (30m)Bearish crossoverIchimoku (30m)Price below cloudEMAs (4H)All above priceKey Support$1.82 / $1.60 / $1.28Resistance Levels$2.12 / $2.50 / $3.28Fib Retracement Targets0.236 = $1.82, 0.382 = $2.38
Until $2.12 is reclaimed on strong volume, the broader outlook remains cautious. If support fails at $1.82, bears may target the $1.60–$1.28 region, where demand previously absorbed selling pressure. A successful reclaim of $2.12 could revive a push toward the 38.2% Fib at $2.38.
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