💎 MASK has indeed captured the market's attention with its recent breakout above a key supply level, signaling the potential for further upward momentum. At present, MASK may enter a retesting phase at the demand zone, previously a supply area, around $3.49.
💎 Should MASK demonstrate a strong bounce off this demand level, it is likely to initiate a significant upward trajectory, with the price probability advancing toward our target supply zone and into overbought territory.
💎 Conversely, a concerning scenario could unfold if MASK revisits the demand zone and fails to exhibit a bullish rejection or a bounce. Such a failure to uphold the demand level could lead to a breakdown, suggesting that the breakout was deceptive and that downward momentum may ensue, driving MASK towards the next lower demand area.
💎 The $3.02 level stands as a critical juncture for MASK; a bounce here is essential for sustaining the uptrend and regaining the $3.49 level. However, if MASK also capitulates the $3.02 support, it could signal a bearish shift in momentum, increasing the likelihood of a reversion to the strong support area.
💎 Should MASK demonstrate a strong bounce off this demand level, it is likely to initiate a significant upward trajectory, with the price probability advancing toward our target supply zone and into overbought territory.
💎 Conversely, a concerning scenario could unfold if MASK revisits the demand zone and fails to exhibit a bullish rejection or a bounce. Such a failure to uphold the demand level could lead to a breakdown, suggesting that the breakout was deceptive and that downward momentum may ensue, driving MASK towards the next lower demand area.
💎 The $3.02 level stands as a critical juncture for MASK; a bounce here is essential for sustaining the uptrend and regaining the $3.49 level. However, if MASK also capitulates the $3.02 support, it could signal a bearish shift in momentum, increasing the likelihood of a reversion to the strong support area.
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✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.