đš $MASK / USDT â Short Setup Emerging!đ»đ
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đ§ Market Overview
Current Price: $2.82
MASK recently faked a breakout above short-term resistance, with declining volume and rejection wicks showing weakness.
đ» Resistance: $2.89 â lower high zone
đ Support: $2.72 â liquidity sweep zone
đ Trend: Bearish rejection from resistance, short-term pressure building
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đŻ Entry Zone
$2.81 â $2.84
đ§Č Ideal for catch-the-fade entries near rejection zone
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đŻ Profit Targets
TP1: $2.74 (â2.8%) â minor demand flush
TP2: $2.70 (â4.3%) â support tap
TP3: $2.65 (â6.0%) â overshoot wick sweep
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đĄïž Stop-Loss
$3.00
đ (above fakeout high + resistance retest)
safe from minor pullbacks
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â Why Short Here?
Failed breakout + bearish wick combo = ideal short-term exhaustion signal.
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âïž Risk Management Tip
Don't rush in â let price reject again or form a bearish engulfing on 15m before committing.
đ Keep a tight leash and partial book profits early â breakdowns can be sharp but short-lived. đ»đš