๐จ $MASK /TRY โ 80 Lira Breach! Breakout or Blowoff? ๐
$MASK just pumped +9.51% to โบ80.12, smashing through resistance! With RSI nearing overbought, is this the start of something bigger or a short-term squeeze? Letโs break it down ๐
๐ Market Overview
๐ Current Price: โบ80.12
๐ 24h High: โบ80.50
โ๏ธ 24h Low: โบ72.18
๐ฐ Volume (24h): โบ77.54M
๐งญ MACD Momentum:
DIF: 2.48
DEA: 1.72
MACD: 1.52 (Strong bullish cross)
๐ Moving Averages
MA(7): โบ77.51 (support forming)
MA(25): โบ76.03
MA(99): โบ70.67
RSI(6): 79.64 (Overbought โ ๏ธ โ be cautious)
๐ MASK Trade Setup โ Levels to Watch
๐น Bullish Scenario (Break + Hold Above โบ80.50):
Entry: โบ80.10โโบ81.00
Targets: โบ83.00, โบ86.50, โบ90.00
Stop-Loss: โบ76.00
๐น Bearish Scenario (If Rejected at โบ80.50):
Entry: Below โบ76.00
Targets: โบ72.00, โบ69.00, โบ65.00
Stop-Loss: โบ81.00
๐ Quick Analysis
โ Bullish MACD crossover
โ MA trend supports further upside
โ ๏ธ RSI nearing 80 โ profit-taking likely soon
โ ๏ธ Volume drying up could signal a stall
๐ก Pro Tip:
If โบ80.50 breaks on strong volume, this could turn into a parabolic move. Watch for consolidation near โบ77.50 to reload.
๐ฅ Are you chasing the breakout or shorting the exhaustion? Drop your gameplan in the comments!
๐ LIKE + SHARE for more altcoin trade setups!