Current Price:$1.38
$MASK has entered a strong downtrend after collapsing from its $3.73 peak — marking a steep -63% decline. The daily chart shows consistent selling pressure, large upper wicks, and weak bullish follow-through, signaling clear bull exhaustion.
📉 Short Setup (Daily Bias):
Entry Zone:$1.375 – $1.39
Take Profit Targets:
TP1: $1.31
TP2: $1.18
TP3: $1.05
Stop Loss:$1.45
Market Insight:
The structure remains bearish as long as $1.50 remains unbroken. Every bounce has been short-lived, and lower highs continue to dominate. A daily close below $1.30 could confirm further downside momentum and open the path for a deeper drop. No recovery signals are present yet.
⚠️ Conclusion:
Momentum favors the bears. Short rallies = opportunities to sell. Stay cautious and follow the trend until reversal signs emerge.
