š MASK/USDT 4H Analysis
šļø Date: May 29, 2025
š° Price: $2.292
š 24h Change: +18.82%
š¼ 24h High: $2.374 | š½ 24h Low: $1.911
š§ Market Sentiment
MASK is showing strong bullish momentum, breaking out of a classic Cup & Handle formation. The recent spike suggests aggressive buying interest, possibly driven by volume breakout and pattern confirmation.
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š Technical Analysis
Pattern Formed: āļø Cup & Handle
A textbook formation with rounded support and a minor handle correction.
Breakout above the $2.15ā$2.20 neckline confirms pattern strength.
Key Indicators:
Price is trading above all major MAs:
MA(7): $2.159
MA(25): $1.873
MA(99): $1.688
Strong volume surge confirms buying strength.
4H candles holding above the breakout zone, suggesting sustained bullish pressure.
Key Levels to Watch:
Immediate Resistance: $2.374 (recent high)
Next Targets:
TP1: $2.50
TP2: $2.75
TP3: $3.00 (psychological + measured move)
Support:
$2.15 (neckline retest)
$1.85 (MA25 zone)
$1.68 (MA99 / invalidation)
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š ļø Future Trade Setup
š Breakout Continuation Trade
> Entry: $2.30 ā $2.35
SL: Below $2.14
TP1: $2.50
TP2: $2.75
TP3: $3.00
Risk/Reward: 1:2+
š Retest Buy Opportunity
> If price retests the neckline ($2.15) with low-volume pullback:
Entry: $2.16ā$2.18
SL: Below $1.99
TP: Same as above
š§ Final Thoughts
MASK just completed a powerful technical breakout from a bullish structure, backed by rising volume and trend confirmation. The setup favors trend-following bulls. Monitor closely for either continuation or a healthy retest.
š Stay cautious on fakeouts; avoid entries if price dips below MA25 without bounce signals.