📈 Technical analysis and current market conditions for MASK coin (as of 2025-06-11)

Based on the latest data from reliable sources, here is a detailed analysis of price and indicators:

1. Current price:

1.604 - 1.610 USD (a decrease of -3.72% to -4.81% in the past hours).

Daily range: 1.563 - 1.748 USD, indicating high volatility.

2. Technical indicators:

Volatility signals: Indicate "strong sell" in the short term (daily analysis).

Moving averages: Show a neutral to sell signal, with downward pressure below the $1.65 level.

Support and resistance:

Strong support: 1.56 - 1.58 USD (lowest price in 24 hours).

Resistance: 1.74 - 1.75 USD (highest price in 24 hours).

3. Trading volume and liquidity:

Trading volume (24h): 194 million USD, with a 5% increase in selling liquidity compared to buying.

Market capitalization: 160 million USD, with a full circulating supply (100 million MASK).

🚀 Immediate recommendation: Sell (Short) trade

Trade validity: Only one hour (until [current time + 1 hour]).

Standard Value Scientific explanation

Entry point 1.62 - 1.63 USD Nearby technical resistance level, with weakness in the rebound from $1.60.

First target 1.58 USD Strong immediate support (current day's low).

Second target 1.56 USD Strong historical support, with a possibility of a quick rebound.

Stop loss 1.68 USD Above the psychological resistance (1.65) and technical resistance 1.68.

Risk/Reward ratio 1:3 Ideal ratio for quick trading.

Trade from here $MASK

📉 The logic behind the recommendation:

Strong downward pressure: Technical indicators show selling dominance, especially with the price breaking below the 50 moving average.

High trading volume: A sign of continued distribution from large whales.

General context: The currency is within a short-term downtrend channel (-37.18% weekly).

⚠️ Risk management

Liquidity: Avoid entering if the price is above $1.65 (breakout of the moving resistance).

Influential news: Monitor any technical updates from the Mask Network team (such as partnerships or protocol updates).

Expected volatility: Daily price volatility of 11.84%, requiring speed in executing the trade.

Trade from here $MASK

> 💡 Final note: This recommendation is based on technical analysis and

It does not replace personal research. Use a wallet not exceeding 2% of your capital for this trade.