MASK Crashes 45%—Capitulation or Just Getting Started?

MASK/USDT nosedived from $2.53 to $1.32, shedding over 45% in hours. Price is now hovering near key demand at $1.32–$1.35, where short-term relief could form—but don’t mistake a pause for a reversal.

🔍 Key Technicals:

RSI likely oversold across 1H/4H/1D—suggests bounce potential, but momentum remains bearish

All MAs (7/25/99/200) sloping down, with price far below VWAP ($1.71)—strong downtrend confirmed

MACD signals accelerating bearish momentum across all timeframes

📉 Fundamental Trigger?
No official news, but sharp volume spikes and extreme volatility hint at a possible token unlock, vesting event, or internal dump. These tend to precede panic selling phases.

📊 Trade Levels:

🔻 Entry Zone: Sub-$1.40 with tight stops

🛑 Stop-Loss: Below $1.30 (recent low)

🎯 Targets: $1.70 (VWAP & resistance cluster), $2.00 (gap fill zone)

MASK is back near historical demand levels last seen in 2022. Could this be an early bottom—or is $1.00 next?

Set alerts. Watch the bounce. Don’t catch a falling knife.

$MASK Bullish or Bearish? 👀 #MASK #CryptoTrading #Altcoins #BinanceSquare #TA