#TradingTools101 📊 Technical Analysis for MASK/USDT 🔍

Currently, the $MASK currency is moving in a narrow sideways range after a clear downward wave, with the price trading at 1.633 USDT. We observe that the price is below all significant moving averages (MA7, MA25, MA99), reflecting continued selling pressure and weak buying liquidity so far.

Strong support is currently located at 1.626, while the first resistance appears at 1.638 and the more important resistance at 1.648, which represents the 99-period moving average. These levels are considered good opportunities to exit with minimal loss or modest profits.

📈 Recommendation: It is preferable to wait for a price rebound to the level of 1.638 – 1.648 to sell the currency, with a strict stop-loss placed below 1.625 to avoid potential drop to 1.60 or lower.

Carefully monitor the upcoming movement, as the market is currently unstable, and quick decisions could cost you a lot 💡