A Symmetrical Triangle has formed on the chart — typically a neutral pattern, but in this instance, the price has broken upward, indicating a bullish continuation.
The breakout appears valid, with the price now sustaining above the previous resistance zone.
📉 Technical Breakdown:
Current Price: 1.5759 USDT
Breakout Level: Around 1.57 USDT
Upside Potential: Approximately 12.5% from the breakout zone
🧭 Possible Scenarios:
Scenario
Condition
Expected Move
✅ Bullish Setup
Price stays above 1.55–1.57 zone
Continued rise toward 1.7730
âš ï¸ Retest Risk
Pullback to breakout region
May offer a buying opportunity
⌠Bearish Shift
Drops back below triangle support
Bullish bias becomes invalid
MASKUSDT Perpetual
Price: 1.5752
Change: +0.62%