Here’s a technical overview of $MASK /USDT (Perpetual Futures)
📉 Current Snapshot
Mark Price: $1.6395
Last Price: $1.6394
24h Change: -8.09% — Strong bearish momentum
🔍 Key Trading Metrics
MetricValueNotes24h High$1.9488Major resistance24h Low~$1.6211Key support in current rangeVolume (MASK)174.66MHigh — indicates aggressive tradingVolume (USDT)303.75MVery liquid marketTrendBearishBased on 1D and 7D performance
📊 Moving Averages & Indicators
IndicatorSignalCommentMA/EMALikely DownwardPrice trading under mid- and long-term averagesMACDBearishLikely crossing down, given 8% daily dropRSIOversold Zone?Worth confirming exact level — watch for bounceBOLLExpandedImplies increased volatility
📌 Support & Resistance
LevelPriceStatusSupport 1$1.6211Recent intraday lowSupport 2$1.5660–1.5000Broader support zoneResistance 1$1.6768–1.7489Rejection zoneResistance 2$1.8210–1.8931Strong overhead pressure
🔀 Performance History
Period% ChangeTrendToday-8.09%Strong drop7 Days-34.30%Steep decline30 Days+28.12%Previous rally90 Days-24.38%Overall bearish180 Days-47.62%Long-term decline1 Year-47.94%Still deeply red
⚠️ Short-Term Outlook
🟥 Bearish Continuation
Below $1.6211 → downside to $1.56–$1.50 likely
RSI might be oversold, but no clear bounce yet
🟩 Bullish Rebound (Low Probability)
Needs to reclaim $1.6768 then challenge $1.7489
Would require strong volume + positive market sentiment
📈 Summary
✅ High liquidity + strong volume
❌ Bearish bias dominating
🔥 Potential scalp trade if it rebounds from $1.62 with volume
⚠️ No confirmation of reversal yet
Would you like:
A scalping strategy?
A swing trading zone plan?