🚨 $MASK Coin Analysis – Bullish Setup Approaching Key Target
$MASK is showing signs of renewed strength as buyers regain control near the lower consolidation band. This is a classic setup for traders watching for momentum-based continuation toward the next resistance levels.
📊 Market Context: MASK, a governance token for the Mask Network ecosystem, has seen consistent interest during market volatility due to its ties with decentralized social platforms. With BTC stabilizing and altcoins rotating upward, MASK is now showing early signs of a trend reversal.
🔍 Technical Breakdown:
Trend: Forming higher lows on the 4H chart – early bullish structure
Volume: Spikes during upward candles suggest strong buyer interest
RSI: Neutral zone (~55), room for upward movement without being overbought
MACD: Bullish crossover confirmed on 4H and Daily
Structure: Breakout from descending trendline already in play, now retesting
📌 Trading Plan:
✅ Entry Zone: $17.20 – $17.40 (allow price action to stabilize for better fills)
🎯 Target 1: $18.50 (short-term target based on local resistance and previous rejection point)
🛑 Stop-Loss: Use personal risk tolerance; example SL: $16.80 (below structure support)
⚠️ Entry should not be made during sudden spikes. Let price pull back or stabilize before execution.
📈 Strategy Suggestion: Swing traders can aim for $18.50 as a take-profit level, while intraday traders may trail stop-losses once above $18.00. Strong close above $18.50 could open doors toward $19.30–$19.50 in extension scenarios.##Write2Earn #BlackRockETHPurchase #SouthKoreaCryptoPolicy #BigTechStablecoin #EDGENLiveOnAlpha