$MASK Current Price: $1.86, 🔻 -1.64% | Infrastructure | High Volatility Zone)l
🔍 Key Observations
📉 Price & Trend
Price collapsed from $3.73 high to current $1.86
EMA(7): $2.206 (immediate resistance)
EMA(25): $2.052
EMA(99): $1.837 (currently acting as fragile support)
Multiple closes below all major EMAs = strong bearish bias
📊 Momentum Indicators
MACD:
DIF: 0.184, DEA: 0.254, MACD: –0.070
Bearish crossover confirmed — downtrend in play
RSI(6): 32.27 = nearing oversold territory → possible relief bounce?
📉 Volume
Major volume spike during breakdown → panic selling
Volume dropped on current candles → indicates potential seller exhaustion
🧱 Support & Resistance
Support:
$1.83 (EMA99 / historical level)
$1.76 (24h low)
Resistance:
$2.00–$2.05 (EMA25 zone)
$2.20 (EMA7 + breakdown origin)
📅 Price Outlook
Short-Term Bias: Bearish → watch for bounce confirmation
Key zone = $1.76–$2.05
Breakdown below $1.76 = back to $1.52
Recovery above $2.20 = potential retest of $2.73
📈 Trade Strategy
🟢 Long Setup (Bounce Play)
Entry: On bullish candle close above $1.90–$1.95
Targets:
🎯 $2.05 (EMA25)
🎯 $2.20 (EMA7)
🎯 $2.73 (gap fill zone)
Stop Loss: Below $1.75
🔴 Short Setup (Breakdown Continuation)
Entry: On breakdown below $1.76
Targets:
🎯 $1.52
🎯 $1.18 (major previous support)
Stop Loss: Above $2.00
⚠️ Risk Management
Risk/Reward: Aim for 2:1 minimum
Entry only after confirmation — avoid chasing the falling knife
Reduce position sizing due to extreme volatility
✅ Conclusion
MASK has suffered a massive drop and is currently in a cooling zone.
📉 Bearish until strong reclaim of $2.05+
📈 Oversold RSI may offer bounce trades — but with tight risk control
Trade small. React, don’t predict.
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