The $MASK is currently trading at $2.49 (-15.10%), sharply down from its 24-hour high of $3.73. The high trading volume over the past 24 hours of $31.85 million on $MASK / $100.11 million of Tether indicates significant selling pressure after a strong rise.

Trading Settings

Trend: Wait and Observe

Support Zone: $2.45 - $2.70

Resistance Zone: $2.95 - $3.20

Stop Loss: Below $2.40

Professional Advice:

After a significant rise and volatile correction, it is advised to wait until the price of the currency shows clear stability near the support zone before considering any entry.