MASK/USDT Break the key level area. Continue the Upward Movement
💎 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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