$MASK /USDT BEARISH SETUP – PRICE WEAKNESS EMERGING AFTER REJECTION FROM LOCAL HIGHS!
$MASK failed to hold above the $1.95 resistance zone and is now retracing after forming a lower high on the 1H chart. The momentum has slowed, and the price is hovering around $1.85 with a visible bearish candle pattern. If it breaks below $1.80, further downside is likely toward the next key support levels.
Trade Setup (SHORT):
Entry Price: $1.84 – $1.87
Target 1: $1.76
Target 2: $1.68
Stop Loss: $1.95
Market Outlook:
The rejection from $1.95 signals weakness. As long as price stays below $1.90 and volume remains weak, bearish continuation is likely. Watch for confirmation below $1.80 to enter with higher conviction.
Risk Management Tip:
Keep tight SL above recent high — structure changes if reclaimed. Always use proper position sizing and avoid revenge trading.
Don’t let this vertical breakout leave you behind — smart entries now can lead to explosive exits!
This is your moment — ride the bearish wave before it reverses!