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🔍 Real-time analysis of currency $MASK
The MASK currency is currently experiencing significant fluctuations, trading around $1.83 after a rapid drop from a peak of about $2.11.
🧠 Key observations:
✅ Increase in whale activity → with their balances dropping to the lowest level since the currency was launched
✅ Sharp rise followed by a drop after liquidity was injected by speculators (Pump & Dump)
✅ Negative funding rate in futures contracts → selling pressure from short positions
✅ Political interaction in the market (Trump – Musk case) has negatively affected the overall sentiment
🔧 Technically:
The price failed to hold above resistance at $2.50
There is a possibility of testing a major support at $1.50 and perhaps $0.95 in the short term
Momentum indicators suggest oversold conditions, but no confirmation of a reversal has appeared yet
📉 Current trend: Downward pressure with temporary speculative rebound opportunities
🎯 Discussion question 👇
Do you think this decline represents a true buying opportunity or does MASK still have a downward path ahead?
🚨 Share your technical insights or potential entry points.