$MASK ALERT: Calm Before the Storm? Look What’s Brewing Below $1.70🤔🔐👇
Current Price: $1.670
Chart Timeframes Used: 1h / 15m / 3m
Trend Bias: Bearish-to-Neutral (Short-term recovery expected)🛩️
Technical Breakdown:📉
Massive Sell-Off Zone: Strong rejection from $2.20+ levels created a heavy supply zone, pushing price sharply downwards.
Structure Flip: Clear CHoCH (Change of Character) on 1H shows trend reversal from bullish to bearish.
Support Reclaim: $MASK Price is trying to reclaim minor support at $1.66-$1.67, but failing to break above MA resistance on 15m & 1h.
Stochastic RSI: Currently hovering around 72-77 levels across timeframes, showing temporary relief but near overbought again.
Liquidity Zone: A demand zone has formed around $1.64-$1.66. If held, MASK could see a quick bounce.
Trade Idea (Short-Term):❌❌❌📈🛩️
Entry: $1.669 - $1.672✅
Target 1: $1.700🎯
Target 2: $1.745🎯
Stop Loss: $1.645☣️
Trade Duration: Intraday to 6 Hours⌛
Why Possible Reversal?🤔❌📈
Price bounced near Equal Lows (EQL) and showed higher low structure on LTFs (lower timeframes).
$MASK Price is consolidating tightly under resistance – compression often leads to expansion.
Watch for These Triggers:🧑💻
Break above $1.678 (yellow line) with strong volume = bullish continuation
Drop below $1.645 = bearish trap and trend resume downward
👨❤️👨"Patience is the tool. Price is the teacher."
Avoid chasing candles — wait for confirmations.
Disclaimer:⚠️
This post is for educational purposes only and not financial advice. Always do your own research and use proper risk management.