$MASK Showing Pumps and Corrections While Maintaining Uptrend🚀📉
On the 1-hour timeframe, $MASK is currently trading at $1.201, up by a respectable 4.89%. The chart clearly illustrates a pattern of sharp pumps followed by corrections, but overall maintaining an upward trajectory along the white trendline. The 24h high is $1.227, and the volume is decent at 9.74M MASK and 11.48M USDT.
Key Observations:
* Pump and Dump Pattern: Evident sharp spikes followed by retracements.
* Maintaining Uptrend: Despite the volatility, the price continues to make higher lows along the trendline.
* Testing Highs: Currently approaching the recent high, indicating potential for another pump.
$MASK Potential Short-Term Targets:
* $1.227 (testing the 24h high)
* $1.250 - $1.280 (if the high is broken)
Important Support Levels:
* $1.180 - $1.200 (potential near-term support along the trendline)
* $1.150 (stronger support zone)
#Mask is exhibiting volatile behavior with pumps and corrections, but the underlying uptrend remains intact for now. Watch for a potential break above the recent high, but be prepared for further volatility. Manage your risk accordingly. #Infrastructure #TradingSignals