$MASK /USDT short trade signal BEARISH BREAKDOWN - SHARP DUMP FOLLOWED BY WEAK RECOVERY!
$MASK plunged from the $3.00 mark to a low of $2.646 with an aggressive sell-off on the 15- minute chart. While a small bounce has followed, price is now consolidating below $2.80 - a key level that previously acted as support. This signals potential continuation to the downside unless bulls step in strongly above $2.86.
Trade Setup (SHORT):
Entry Price: $2.78 - $2.82
Target 1: $2.68
Target 2: $2.59
Target 3: $2.48
Stop Loss: $2.86
Why Short?
The recent crash broke critical structure levels with strong bearish volume. The current consolidation shows weak bullish recovery, and if price fails to reclaim $2.85, sellers are likely to re-enter aggressively. A break below $2.75 would re- confirm bearish pressure.
Risk Management Tip:
Use a hard stop at $2.86 and manage position size carefully - avoid entering late into fast-moving breakdowns.
Sell smart - don't chase green candles when the trend is turning red!
buy and trade here on $MASK
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