MASK Network price continues to consolidate and can fall -40%If you look at the price chart of MASKUSDT on the large timeframe, we can assume that "something big is in the works." But not all at once, as the consolidation that has been going on since November 2022 may last for at least another month.
MASK buyers have made more than 3 attempts to break above the strong liquidity zone, but each time there is less and less strength to move up.
This means that the MASKUSDT price needs to go lower, consolidate , recruit more members to the team called "to the mooon," and only then try to organize an up breakout.
We would be very happy if we could buy MASK at $2.35-2.50.
It would be a medium- or even long-term investment with a first take-profit of about $10
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MASKUSDTPERP
MASKUSDT - Descending Channel BreakoutMASKUSDT (12h Chart) Technical analysis
MASKUSDT (12h Chart) Currently trading at $3.95
Buy level: Above $3.8
Stop loss: Below $3
TP1: $4.5
TP2: $5.3
TP3: $6.4
TP4: $8
Max Leverage 2x/Spot market
Always keep Stop loss
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MASK USDT X marks the SHORTThis trade will probably be filled tomorrow but i am setting my orders now.
It agrees with the idea that BTC will go to 17250 and then drop again.
Setting a SHORT order at
3.56 (75% of position)
3.67 (25% of position)
Three take profit prices (probably will be updated)
3.422 $
3.311 $
3.241 $
Stop loss if any 1 hour candle closes above our entry price.
LEVERAGE X2
If for any reason anything changes, i will update the idea here guys.
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